371 Barrie Road

Orillia, Orillia, L3V 2S1
For Sale
11.79 BTC
371 Barrie Road, Orillia
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
371 Barrie Road
8 + 2
BEDROOMS
9
BATHROOMS
2 + 1
KITCHENS
11 + 4
ROOMS
S13464316
MLSID
Contact Us
Property Description
Investor Alert! Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
Property Features
None, Private
Property Details
Property Type
Duplex
Lot Size
50' x 137'
Taxes
$7,408 (2025)
Basement
Full, Walk-Up
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
Listing contracted with Re/Max Hallmark Chay Realty
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