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Royal LePage
Royal LePage
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$1,098,000

Orillia ON, L3V 2R4

MLS® # S12514850

Property Information:

This charming 5-unit multiplex in the heart of Orillia is an excellent opportunity for a seasoned investor grow their portfolio or a new investor looking to purchase their first building to start their portfolio on the right foot w/a property that offers immediate income & long-term tenant potential. Set on a large lot w/a generous driveway that provides ample parking for all tenants, the building is already well established with tenants renting four of the units - a landlord dream to have steady returns & stability in long-standing tenants - while 1 vacant unit (as of Oct 2025) is currently listed for rent, allowing new ownership to set fresh market rates and choose their first tenant. Each spacious unit has 2 bedrooms and 1 4pc bathroom, and in-unit laundry. Comfortable layouts attract quality tenants and make them want to stay. The half-acre lot offers plenty of room for future expansion or the addition of new suites, maximizing value over time. Located in a desirable neighbourhood close to schools such as Harriett Todd Public School & Twin Lakes Secondary School, as well as the YMCA Childcare Centre, Orillia Recreation Centre, LifeLabs Medical Services, & many restaurants, this property delivers convenience for tenants & strong demand for the investor. Outdoor recreation is easily accessible w/Bass Lake & Lake Simcoe just a short drive away. Commuting is effortless thanks to quick access to the Trans-Canada Highway, connecting to Hwy 11 North & South. Considering the location, stability, & expansion potential, this property is a smart investment choice in the heart of Orillia. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Unfinished
  • Basement Type: N/A, N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 3500 - 5000 sqft
  • Flooring Type: Laminate, Vinyl, Tile
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: All

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 10
  • Bathrooms: 5
  • Amenities Nearby: Schools, Public Transit, Park
  • Features: Wooded area
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Lot Depth: 247.5 Feet
  • Lot Frontage: 128.0 Feet
  • Lot Size: 128 x 247.5 FT
  • Structure Type: Porch
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 10

Rooms:

  • Living 2nd Level 5.81 m x 4.03 m
  • Kitchen 2nd Level 6.18 m x 2.14 m
  • Primary Bedroom 2nd Level 3.40 m x 3.04 m
  • 2nd Bedroom 2nd Level 3.40 m x 3.22 m
  • Bathroom 2nd Level 2.13 m x 1.49 m
  • Living 2nd Level 4.42 m x 3.96 m
  • Kitchen 2nd Level 3.67 m x 3.25 m
  • Primary Bedroom 2nd Level 4.37 m x 2.90 m
  • 2nd Bedroom 2nd Level 3.33 m x 2.71 m
  • Bathroom 2nd Level 2.05 m x 1.50 m
  • Living 3rd Level 7.92 m x 4.15 m
  • Kitchen 3rd Level 7.90 m x 2.70 m
  • Primary Bedroom 3rd Level 4.47 m x 3.72 m
  • 2nd Bedroom 3rd Level 3.69 m x 3.03 m
  • Bathroom 3rd Level 2.05 m x 1.51 m
  • Living Main Level 4.18 m x 4.00 m
  • Bathroom Main Level 2.07 m x 1.50 m
  • Dining Main Level 3.54 m x 1.51 m
  • Kitchen Main Level 6.28 m x 2.10 m
  • Primary Bedroom Main Level 3.39 m x 3.15 m
  • 2nd Bedroom Main Level 3.36 m x 3.04 m
  • Bathroom Main Level 2.10 m x 1.49 m
  • Living Main Level 4.36 m x 4.12 m
  • Kitchen Main Level 4.02 m x 3.17 m
  • Primary Bedroom Main Level 4.42 m x 2.85 m
  • 2nd Bedroom Main Level 3.33 m x 2.73 m

Convert Measurement to:


Courtesy of: CRESCENT REAL ESTATE INC.

REALTOR.ca  

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Location of 265 BARRIE ROAD, Orillia, Ontario, L3V 2R4

Demographic Information of 265 BARRIE ROAD, Orillia, Ontario, L3V 2R4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,446.10

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.65 %

High school certificate or equivalent

31.76 %

Apprenticeship trade certificate/diploma

8.85 %

College/non-university certificate

26.18 %

University Degree

11.55 %

Commuter

Travel To Work

By Car

85.25 %

By Public Transit

1.76 %

By Walking

10.34 %

By Bicycle

0.0 %

By Other Methods

2.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.4 %

Houses

80.6 %

Own Vs. Rent

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