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 mi...x 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.
Full Property Details
Interior
Bedrooms
5
Bedrooms Plus
1
Total Bedrooms
6
Washrooms
4
Square Footage
1100-1500 sqft
Basement
Finished
Heating Source
Gas
Heating Fuel
Radiant
Air Conditioning
None
Family Room
No
Kitchens
3
Kitchens Plus
1
Total Kitchens
4
Fireplace Features
No
Bedrooms
5
Bedrooms Plus
1
Total Bedrooms
6
Washrooms
4
Square Footage
1100-1500 sqft
Basement
Finished
Heating Source
Gas
Heating Fuel
Radiant
Air Conditioning
None
Family Room
No
Kitchens
3
Kitchens Plus
1
Total Kitchens
4
Fireplace Features
No
Exterior
Depth
104.0
Front
38.0
Lot Size
38 x 104.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
None
Garage Spaces
0
Depth
104.0
Front
38.0
Lot Size
38 x 104.0 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
None
Garage Spaces
0
Building Description
Style
2 1/2 Storey
Home Type
House
Subtype
Detached
Property Orientation
East
Exterior Finish
Vinyl Siding
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Style
2 1/2 Storey
Home Type
House
Subtype
Detached
Property Orientation
East
Exterior Finish
Vinyl Siding
Sewers
Sewers
Water Supply
Municipal
Possession Date
No Data
Community
Community
Orillia
Community
Orillia
Taxes & Fees
Taxes
$5,049 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$5,049 /yr
Tax Year
2025
Occupancy
Tenant
Similar Properties(No results)
Mortgage Calculator
Calculate your estimated monthly mortgage payment
Price
$624,900
$
%
%
Total cost of mortgage
$0
Monthly payment
By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).
The accuracy and applicability of this calculator are not guaranteed.