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3
BEDROOMS3
BATHROOMS3
KITCHENS7
ROOMSS12711644
MLSIDContact Us
Property Description
Turnkey bungalow-style triplex in central Orillia offering strong cash flow and flexibility. Two units recently renovated with significant investment, providing modern finishes and low near-term maintenance. Two units currently rented, generating immediate income. Third unit is vacant and market-ready, with projected rent of $2,300/month, ideal for setting market rent or owner occupancy. List price of $899,999 supports a high cap rate, making this an excellent opportunity for investors or first-time buyers looking to live in one unit while renting the others to offset mortgage costs. Features include separate entrances to all units, private parking, and a durable metal roof. Conveniently located near downtown, hospital, shopping, and amenities. A rare chance to secure a solid income property with upside in a growing market.
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Property Features
None, Lane
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Property Details
Property Type
Triplex
Lot Size
70' x 100'
Taxes
$6,092 (2025)
Basement
Apartment
Heat Type
Forced Air
Heat Source
Electric
Water
Municipal
Parking Spaces
4
Garage Type
None
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Listing contracted with Cityscape Real Estate Ltd.
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