199 Nottawasaga Street

Orillia, Orillia, L3V 3K2
For Sale
10.20 BTC
199 Nottawasaga Street, Orillia
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
199 Nottawasaga Street
5
BEDROOMS
3
BATHROOMS
3
KITCHENS
14
ROOMS
S13739074
MLSID
Contact Us
Property Description
Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.
Property Features
Other, Private
Property Details
Property Type
Triplex
Lot Size
51' x 217'
Taxes
$5,853 (2026)
Basement
Other
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
Listing contracted with Casmir Realty
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