Check out this great investment opportunity. Existing Legal duplex with 2 x 2 bedroom units, potential to create a smaller 3rd unit. Two existing apartments with separate hydro meters. Current building sits on a large in town double lot. Ideally located across the road from a large complex of rental units, with ongoing expansion. Great for Investors and Developers alike, to build and re-sell Or retain in your investment portfolio as ongoing Income property. Buy now with immediate Income and let the current Rental Income carry the costs, while City of Orillia processes for approvals takes place. Lots of potential for this property. Ideally located within close proximity and walking distance to the hospital, quaint downtown Orillia offering cafes, restaurants, banks and shopping, and within a few steps to the new Orillia Recreation Centre. Orillia is quickly growing, why not become part of the growth and build your Investment portfolio. Buyer is responsible for all City of Orillia processes and costs for the approval of change of use and permits. Legal duplex with 2 x 2 bedroom units with separate hydro meters on a huge in town double lot. Lots of potential for this property which is in close proximity to the hospital, quaint downtown Orillia, and Orillia Recreation Centre. (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Living Area (Min):
1,100 sq. ft.102 m2
Living Area (Max):
1,500 sq. ft.139 m2
Zoning:
R2
Taxes:
$3,779.37 /
-
Community:
Orillia
Exterior Features:
Vinyl siding
Structure Type:
Duplex
Utilities:
Sewer, Electricity, Cable
Appliances Included:
Two stoves, Water Heater, Two Refrigerators
Bedrooms:
4
Bedrooms Above Grade:
4
Bathrooms:
2.0
Cooling:
None
Fireplace:
No
Foundation:
Block
Heating:
Forced air, Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Partial
Lot Frontage:
110'33.5 m
Lot Details:
110 x 118 FT ; 60.94 ft 109.98 ft. 117.95 ft.x 100.28
Data was last updated March 7, 2026 at 05:15 AM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$614,900
Min list price:
$379,900
Max list price:
$2,299,000
Avg days on market:
41
Min days on market:
1
Max days on market:
306
Avg price per sq.ft.:
$262.07
These statistics are generated based on the current listing's property type
and located in
Orillia. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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