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$ 950,000
Est. payment | /mo
5 Beds
3 Baths
$ 950,000
Est. payment | /mo
5 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Orillia
MLS Listing ID S13739074
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $5,853
Tax Year 2026
Property Sub-Type Triplex
Property Description
Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room Yes
Basement Other
Kitchen 3
Interior
Interior Features Other
Heating Yes
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 5.0
Pool None
Roof Type Shingles
Lot Frontage 50.64
Lot Depth 216.9
Total Parking Spaces 5
Building
Foundation Concrete
Others
ParcelsYN No
Listed by CASMIR REALTY
Nearby Locations
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