$1,098,000
Available - For Sale
Listing ID: S12514850
265 Barrie Road , Orillia, L3V 2R4, Simcoe
| 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. |
| Price | $1,098,000 |
| Taxes: | $10074.00 |
| Occupancy: | Tenant |
| Address: | 265 Barrie Road , Orillia, L3V 2R4, Simcoe |
| Directions/Cross Streets: | W of Memorial Ave; Barrie Rd |
| Rooms: | 20 |
| Bedrooms: | 10 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished, Separate Ent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 13.71 | 13.12 | Bay Window, Laminate, Combined w/Dining |
| Room 2 | Main | Dining Ro | 11.61 | 4.95 | Window, Laminate |
| Room 3 | Main | Kitchen | 20.6 | 6.89 | Pantry, Laminate, Backsplash |
| Room 4 | Main | Primary B | 11.12 | 10.33 | Window, Window, Closet |
| Room 5 | Main | Bedroom 2 | 11.02 | 9.97 | Window, Closet, Laminate |
| Room 6 | Main | Bathroom | 6.89 | 4.89 | 4 Pc Bath, Window, Tile Floor |
| Room 7 | Main | Living Ro | 14.3 | 13.51 | Bay Window, Laminate, Combined w/Dining |
| Room 8 | Main | Kitchen | 13.19 | 10.4 | Window, Laminate |
| Room 9 | Main | Primary B | 14.5 | 9.35 | Window, Window, Closet |
| Room 10 | Main | Bedroom 2 | 10.92 | 8.95 | W/O To Deck, Closet, Laminate |
| Room 11 | Main | Bathroom | 6.79 | 4.92 | 4 Pc Bath, Vinyl Floor |
| Room 12 | Second | Living Ro | 19.06 | 13.22 | Bay Window, Combined w/Dining, Laminate |
| Room 13 | Second | Kitchen | 20.27 | 7.02 | Pantry, Window, Laminate |
| Room 14 | Second | Primary B | 11.15 | 9.97 | Window, Window, Closet |
| Room 15 | Second | Bedroom 2 | 11.15 | 10.56 | Window, Closet, Laminate |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Third |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Third |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 3-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| Drive Parking Spaces: | 10 |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | School, Public Transit |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| CRESCENT REAL ESTATE INC. |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Style: | 3-Storey |
| Tax: | $10,074 |
| Beds: | 10 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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