116 Albert Street S Orillia, Ontario L3V 5L2
$649,000
Top 5 Reasons You Will Love This Home: 1) Affordable investment property generating nearly $50,000 in annual income, offering an excellent opportunity for investors seeking strong returns 2) Legal triplex with numerous recent improvements including a new roof (2024), new eavestroughs (2025), two major suite modernizations completed in 2022 and 2025, and a new furnace (2026) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. (id:63244)
Property Details
| MLS® Number | S13657948 |
| Property Type | Multi-family |
| Community Name | Orillia |
| Amenities Near By | Public Transit, Hospital |
| Community Features | School Bus |
| Parking Space Total | 3 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Age | 100+ Years |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Flooring Type | Vinyl, Laminate |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1500 - 2000 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit, Hospital |
| Sewer | Sanitary Sewer |
| Size Depth | 88 Ft ,7 In |
| Size Frontage | 69 Ft ,8 In |
| Size Irregular | 69.7 X 88.6 Ft |
| Size Total Text | 69.7 X 88.6 Ft|under 1/2 Acre |
| Zoning Description | M2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Kitchen | 3.3 m | 2.65 m | 3.3 m x 2.65 m |
| Main Level | Living Room | 3.11 m | 2.22 m | 3.11 m x 2.22 m |
| Main Level | Bedroom | 3.32 m | 2.18 m | 3.32 m x 2.18 m |
| Main Level | Kitchen | 5.94 m | 3.95 m | 5.94 m x 3.95 m |
| Main Level | Den | 2.67 m | 1.58 m | 2.67 m x 1.58 m |
| Main Level | Bedroom | 3.56 m | 3.11 m | 3.56 m x 3.11 m |
| Upper Level | Kitchen | 3.37 m | 2.89 m | 3.37 m x 2.89 m |
| Upper Level | Living Room | 5 m | 3.38 m | 5 m x 3.38 m |
| Upper Level | Bedroom | 4.14 m | 2.8 m | 4.14 m x 2.8 m |
| Upper Level | Bedroom | 2.83 m | 2.15 m | 2.83 m x 2.15 m |
https://www.realtor.ca/real-estate/30136517/116-albert-street-s-orillia-orillia
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August 10 2026 05:33:47
Toronto Real Estate Board
Faris Team Real Estate Brokerage