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19 South Street Orillia, Ontario L3V 3T1

3 Bedroom 3 Bathroom 3000 - 3500 sqft
None Baseboard Heaters

$849,900

Excellent investment opportunity in a highly sought-after Orillia neighbourhood. This well-maintained legal triplex offers immediate rental income along with future upside, including approved plans for a fourth unit with construction already underway. The upper level features two large, bright one-bedroom units, each with independant laundry capability, freshly painted interiors, updated flooring, and modern bathrooms. Both are vacant and move-in ready, ideal for optimizing rental strategy or owner occupancy. The main floor includes a third one-bedroom unit, currently occupied by a reliable long-term tenant at market rent, as well as a large storage area that is roughed-in and presents clear potential for conversion into a fourth unit (see attached plans). A full utility room adds further functionality. Additional highlights include an outbuilding for storage or future use, three separate hydro meters, private entrances, dedicated parking for each unit, updated vinyl windows, and a prime location close to shopping, transit, the hospital, and parks. Whether expanding an existing portfolio or entering the investment market, this property represents a versatile, income-producing asset in a strong and stable rental area. (id:63244)

Property Details

MLS® Number S12721560
Property Type Multi-family
Community Name Orillia
Amenities Near By Golf Nearby, Park, Place Of Worship, Schools, Hospital, Public Transit
Parking Space Total 7
Structure Shed, Outbuilding

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Total 3
Age 51 To 99 Years
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Stove, Two Refrigerators
Basement Type None
Cooling Type None
Exterior Finish Aluminum Siding
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard Heaters
Stories Total 2
Size Interior 3000 - 3500 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Fence Type Partially Fenced
Land Amenities Golf Nearby, Park, Place Of Worship, Schools, Hospital, Public Transit
Sewer Sanitary Sewer
Size Depth 107 Ft
Size Frontage 75 Ft
Size Irregular 75 X 107 Ft
Size Total Text 75 X 107 Ft
Zoning Description R2

Rooms

Level Type Dimensions
Second Level Kitchen 3.51 m x 3.48 m
Second Level Living Room 4.65 m x 3.64 m
Second Level Bedroom 3.97 m x 3.48 m
Second Level Kitchen 3.51 m x 3.64 m
Second Level Living Room 3.99 m x 3.66 m
Second Level Bedroom 3.99 m x 3.48 m
Main Level Utility Room 4.83 m x 3.7 m
Main Level Utility Room 4.79 m x 3.7 m
Main Level Kitchen 2 m x 4.33 m
Main Level Living Room 5.29 m x 4.63 m
Main Level Bedroom 4.32 m x 2.96 m
Main Level Utility Room 9.72 m x 4.5 m

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29280542/19-south-street-orillia-orillia

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