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$ 624,900
Est. payment /mo
New
102 West ST N Orillia, ON L3V 5C3
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Orillia
MLS Listing ID S13771100
Style 2 1/2 Storey
Bedrooms 5
Annual Tax Amount $5,049
Tax Year 2025
Property Sub-Type Detached
Property Description
A rare opportunity to own a legal, income-producing triplex in the heart of Orillia. Set on a generous lot with ample surface parking, this property offers self-contained units, each with its own entrance, kitchen, and bathroom, plus shared coin laundry for added convenience and revenue. The unit mix includes two 2-bedroom units, one 1-bedroom unit, and a finished basement. Two of the units are occupied month to month, providing immediate cash flow, while one unit sits vacant, giving a new owner full control to set market rents from day one. For first-time buyers or owner-occupants, the layout also allows you to live in one unit while tenant income from the others helps offset your own housing costs.The location works hard for both tenants and owners, with downtown shopping, schools, the hospital, parks, and quick highway access all just steps away. Big-ticket maintenance is already handled too, with a new roof installed in 2024. The property is being sold move-in ready, with all three stoves, three fridges, washer, dryer, and light fixtures included.Whether you're an investor looking or a buyer wanting to offset your mortgage with rental income, this triplex offers flexibility and long-term value in one of Orillia's most convenient locations. Book your showing today - opportunities like this don't sit long.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement Finished
Kitchen 4
Separate Den/Office 1
Interior
Interior Features Other
Cooling None
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 62.0
Lot Depth 150.0
Total Parking Spaces 6
Building
Foundation Stone
Others
ParcelsYN No
Listed by CENTURY 21 B.J. ROTH REALTY LTD.
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