




This 10-bedroom, 5-bathroom multi-family in Orillia is available for your consideration. 3 storeys. The property has lot dimensions of 87 x 247.5 FT, cross street Barrie Rd & Westmount. The home features tile and laminate and vinyl flooring, forced air, natural gas heating, a unfinished, separate entrance basement.
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. (id:60351)
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Excellent Tenants, All appliances in as-is condition
| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Nov 5, 2025 | Listed For Sale | S12514850 | $1,098,000 | — |
| Sep 1, 2024 | Expired | S8450548 | $1,250,000 | — |
| Jun 17, 2024 | Listed For Sale | S8450548 | $1,250,000 | — |
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Listed by GUS SKARLATAKIS, CRESCENT REAL ESTATE INC.
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Listing represented by GUS SKARLATAKIS, CRESCENT REAL ESTATE INC. · MLS# S12514850
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.