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Orillia · L3V 2G6
$877,000
MLS® #S12821878
6
Bedrooms
3
Bathrooms
About This Property
Residential property with three self-contained units. Solid brick 1/2 story home in prime Orillia North Ward, steps from the Lake Couchiching. Legal duplex with 3 separate units, each with its own kitchen and bathroom with a total of 6 bedrooms, 3 bathrooms, 3 kitchens, 2 laundries. 3 bedroom unit on the main floor with its own washer/dryer, 1 bedroom unit upstairs, and 2 bedroom unit in the basement with its own washer/dryer. Live on the main floor and rent the other 2 units, or buy it as a pure income property. All units recently renovated. Fully fenced and gated backyard with a 3 car detached garage 31 x 29 ft with separate 9 ft doors and ample of parking. Steps to schools, Couchiching Golf Course, and the lake. Easy access to Hwy 11. Great cash flow: Basement rented for $1,995, upstairs for $1,250, main floor was rented for $2,200 and currently vacant. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Possibility to build 2 more units (2 garden suites) on top of the garage. Seller can assist with permits and construction. Recent updates: steel roof, furnace, air conditioner, some windows, hot water heater, electrical service. Pictures taken before tenants moved in and digitally modified to remove personal items.
General Information
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Estimated monthly payment
$4,308
Down payment: $175,400 · Loan: $701,600
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
REMAX YOUR COMMUNITY REALTY
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Apr 7, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.