Space
Finished area and layout
- Square Feet
- 2,500-3,000 sqft
- Bedrooms
- 10
- Bathrooms
- 9
+35 more
10
Bedrooms
9
Bathrooms
2,500-3,000 sqft
Square Feet
50 x 137 FT
Lot
5
Parking
Property Snapshot
Key details for this listing
MLS #S13464316
Property
Type, style and structure
- Type
- residential
- Style
- multi-family / Multiplex
- Ownership
- Freehold
- Basement
About This Property
This 10-bedroom, 9-bathroom multi-family in Orillia offers 2,500-3,000 sqft of square feet on a 50 x 137 FT lot. 2 storeys. The home features forced air, natural gas heating, central air conditioning, a full, walk-up basement.
MLS Remarks
Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning. (id:60351)
Full Listing Details
Address371 BARRIE ROAD
MLS#S13464316
Listing StatusActive
Property TypeResidential
Sub-TypeMulti-family
TransactionSale
List DateJun 18, 2026
Days on Market126
Common InterestFreehold
Annual Tax$7,408 (2025)
Parking5
Parking TypeNo Garage
Possession DetailsFlexible
Structure TypeDuplex
AttachedAttached
StyleMultiplex
Bedrooms10
Bathrooms9
Half Baths1
Bedrooms Above Grade8
Bedrooms Below Grade2
Square Feet2,500-3,000 sqft
Stories2
CityOrillia
ProvinceOntario
Postal CodeL3V2S1
Lot Dimensions50 x 137 FT
Frontage50.0 feet
Total Parking5
Parking FeaturesNo Garage
HeatingForced air, Natural gas
CoolingCentral air conditioning
BasementFull, Walk-up
FoundationBlock
ExteriorVinyl siding
SewerSanitary sewer
Water SourceMunicipal water
Annual Tax$7,408 (2025)
All Tenants belongings
Cross Streets: Hwy 12 & Mississauga St W. ** Directions: HWY 11 to HWY 12 to Mississaga St W to Barrie Road.
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