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Orillia,ON L3V 3T1
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Orillia
MLS Listing ID S12260108
Style 2-Storey
Bedrooms 3
Building Age 51-99
Annual Tax Amount $4,762
Tax Year 2025
Property Sub-Type Triplex
Property Description
Solid investment opportunity in a great, well-established Orillia neighborhood! This well-maintained, legal triplex offers immediate returns and value-add potential. The upper level features two spacious one-bedroom units both freshly painted, modern bathrooms, updated flooring and move-in ready! Both units are vacant, you can customize your rental strategy, or occupy personally. The main floor includes a third one-bedroom unit, occupied by an excellent long term tenant paying market rent. Also on the main level is a large storage space already roughed-in for conversion to a 4th rental unit, as well as a full utility room. 3 separate hydro meters and each unit has a private entrance with dedicated parking. Updated vinyl windows. Located close to transit, shopping, hospital, and parks, this is a high-demand area. Whether you're expanding your portfolio or securing your first investment property, this asset checks all the right boxes.
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Rooms
Family Room No
Basement None
Kitchen 3
Interior
Interior Features Separate Heating Controls,Separate Hydro Meter,Water Heater Owned
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Front Yard Parking
Pool None
Roof Type Asphalt Shingle
Lot Frontage 75.0
Lot Depth 107.0
Total Parking Spaces 7
Building
Unit Features Golf,Park,Place Of Worship,School,Hospital,Public Transit
Foundation Concrete