Orillia L3V 2R4 Ontario
MLS: S12514850
Added 8 hours ago | For Sale
Listed by: CRESCENT REAL ESTATE INC.
This charming 5-unit multiplex in the heart of Orillia is an excellent opportunity for a seasoned investor grow their portfolio or a new investor looking to purchase their first building to start their portfolio on the right foot w/a property that offers immediate income & long-term tenant potential. Set on a large lot w/a generous driveway that provides ample parking for all tenants, the building is already well established with tenants renting four of the units - a landlord dream to have steady returns & stability in long-standing tenants - while 1 vacant unit (as of Oct 2025) is currently listed for rent, allowing new ownership to set fresh market rates and choose their first tenant. Each spacious unit has 2 bedrooms and 1 4pc bathroom, and in-unit laundry. Comfortable layouts attract quality tenants and make them want to stay. The half-acre lot offers plenty of room for future expansion or the addition of new suites, maximizing value over time. Located in a desirable neighbourhood close to schools such as Harriett Todd Public School & Twin Lakes Secondary School, as well as the YMCA Childcare Centre, Orillia Recreation Centre, LifeLabs Medical Services, & many restaurants, this property delivers convenience for tenants & strong demand for the investor. Outdoor recreation is easily accessible w/Bass Lake & Lake Simcoe just a short drive away. Commuting is effortless thanks to quick access to the Trans-Canada Highway, connecting to Hwy 11 North & South. Considering the location, stability, & expansion potential, this property is a smart investment choice in the heart of Orillia.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | Bay Window, Laminate, Combined w/Dining | 13 ft, 9 in x 13 ft, 1 in |
| Dining Room | Window, Laminate | 11 ft, 7 in x 4 ft, 11 in | |
| Kitchen | Pantry, Laminate, Backsplash | 20 ft, 7 in x 6 ft, 11 in | |
| Primary Bedroom | Window, Window, Closet | 11 ft, 1 in x 10 ft, 4 in | |
| Bedroom 2 | Window, Closet, Laminate | 11 ft x 10 ft | |
| Bathroom | 4 Pc Bath, Window, Tile Floor | 6 ft, 11 in x 4 ft, 11 in | |
| Living Room | Bay Window, Laminate, Combined w/Dining | 14 ft, 4 in x 13 ft, 6 in | |
| Kitchen | Window, Laminate | 13 ft, 2 in x 10 ft, 5 in | |
| Primary Bedroom | Window, Window, Closet | 14 ft, 6 in x 9 ft, 4 in | |
| Bedroom 2 | W/O To Deck, Closet, Laminate | 10 ft, 11 in x 8 ft, 11 in | |
| Bathroom | 4 Pc Bath, Vinyl Floor | 6 ft, 9 in x 4 ft, 11 in | |
| Second | Living Room | Bay Window, Combined w/Dining, Laminate | 19 ft, 1 in x 13 ft, 3 in |
| Kitchen | Pantry, Window, Laminate | 20 ft, 3 in x 7 ft | |
| Primary Bedroom | Window, Window, Closet | 11 ft, 2 in x 10 ft | |
| Bedroom 2 | Window, Closet, Laminate | 11 ft, 2 in x 10 ft, 7 in | |
| Bathroom | 4 Pc Bath, Window, Vinyl Floor | 7 ft x 4 ft, 11 in | |
| Living Room | Bay Window, Laminate, Combined w/Dining | 14 ft, 6 in x 13 ft | |
| Kitchen | Window, Laminate | 12 ft x 10 ft, 8 in | |
| Primary Bedroom | Window, Window, Closet | 14 ft, 4 in x 9 ft, 6 in | |
| Bedroom 2 | Window, Closet, Laminate | 10 ft, 11 in x 8 ft, 11 in | |
| Bathroom | 4 Pc Bath, Vinyl Floor | 6 ft, 9 in x 4 ft, 11 in | |
| Third | Living Room | Window, Laminate, Vaulted Ceiling(s) | 26 ft x 13 ft, 7 in |
| Kitchen | Window, Laminate, W/O To Yard | 25 ft, 11 in x 8 ft, 10 in | |
| Primary Bedroom | Window, Closet, Laminate | 14 ft, 8 in x 12 ft, 2 in | |
| Bedroom 2 | Window, Closet, Laminate | 12 ft, 1 in x 9 ft, 11 in | |
| Bathroom | 4 Pc Bath, Vinyl Floor | 6 ft, 9 in x 4 ft, 11 in |
No property rooms available.
