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$825,000
6 Beds 4 Baths S13571966 MLS® #
Downtown Orillia, Legal Fourplex, has been continually upgraded, offering great income producing potential. Secure an income-focused legal fourplex in downtown Orillia. Upgrades include all new decks, windows, and a new roof to the exterior of the property. The property offers a mix of 2 X two-bedroom units and, 2 X one-bedroom units. Additionally, the property is of a unique shape offering a double detached garage in the back corner of the lot. All units are currently tenanted. Three of the four units have been extensively renovated with updated kitchens, bathrooms, flooring, paint, and appliances. With 8 parking spaces, separate electrical meters. Located Downtown, close to beaches, schools, shopping and the Hospital. (id:5764)

84 Mississaga Street West, Orillia

Listing courtesy of Century 21 B.J. Roth Realty Ltd..

$825,000
6 Beds 4 Baths S13571966 MLS® #
Downtown Orillia, Legal Fourplex, has been continually upgraded, offering great income producing potential. Secure an income-focused legal fourplex in downtown Orillia. Upgrades include all new decks, windows, and a new roof to the exterior of the property. The property offers a mix of 2 X two-bedroom units and, 2 X one-bedroom units. Additionally, the property is of a unique shape offering a double detached garage in the back corner of the lot. All units are currently tenanted. Three of the four units have been extensively renovated with updated kitchens, bathrooms, flooring, paint, and appliances. With 8 parking spaces, separate electrical meters. Located Downtown, close to beaches, schools, shopping and the Hospital.

84 Mississaga Street W, Orillia

Listing courtesy of Century 21 B.J. Roth Realty Ltd..

$3,995,000
6 Beds 5 Baths S13514876 MLS® #
Top 5 Reasons You Will Love This Home: 1) Executive waterfront living in one of Orillia's most prestigious communities, showcasing fresh contemporary style throughout 6,339 finished square feet with open-concept living spaces, sprawling bedrooms, and luxurious bathrooms 2) Lower level featuring a large walkout recreation room, home theatre, and excellent in-law potential, providing exceptional flexibility for family living and entertaining 3) Situated on approximately one acre with 100' of shoreline on Lake Couchiching, part of the renowned Trent-Severn Waterway system 4) Outdoor living enhanced by a private dock, stone firepit patio, and gazebo, creating the perfect setting for relaxation and waterfront enjoyment 5) Recently built boathouse featuring a marine rail system, along with a large new deck and a dedicated hot tub room below, offering an exceptional waterfront lifestyle experience. 3,351 above grade sq.ft. plus a finished lower level. (id:5764)

354 Brewery Lane, Orillia

Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE.

$3,995,000
6 Beds 5 Baths S13514876 MLS® #
Top 5 Reasons You Will Love This Home: 1) Executive waterfront living in one of Orillia's most prestigious communities, showcasing fresh contemporary style throughout 6,339 finished square feet with open-concept living spaces, sprawling bedrooms, and luxurious bathrooms 2) Lower level featuring a large walkout recreation room, home theatre, and excellent in-law potential, providing exceptional flexibility for family living and entertaining 3) Situated on approximately one acre with 100' of shoreline on Lake Couchiching, part of the renowned Trent-Severn Waterway system 4) Outdoor living enhanced by a private dock, stone firepit patio, and gazebo, creating the perfect setting for relaxation and waterfront enjoyment 5) Recently built boathouse featuring a marine rail system, along with a large new deck and a dedicated hot tub room below, offering an exceptional waterfront lifestyle experience. 3,351 above grade sq.ft. plus a finished lower level.

354 Brewery Lane, Orillia

Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE.

$2,490,000
6 Beds 6 Baths S13464810 MLS® #
83' of Lake Couchiching waterfront on a quiet family friendly sought after cul-de-sac. Stunning 5,700 sq. foot custom home built in 2018 with 6+ bedrooms & 6 bathrooms. Large welcoming foyer with a view straight to the water and walk in closet. The open concept main floor offers a chefs kitchen with tons of cabinet space, breakfast bar, double stainless farm sink and stone counters, spacious dining area with a walkout to the water view deck, and a living room with , a cathedral ceiling, floor to ceiling windows and gas stone fireplace. Main floor Principal suite overlooking the water with a spacious 5 piece ensuite and 14 x 10 closet with custom built-ins. Convenient pantry, laundry, 3 piece bath and mud room off the 3 car garage finish off the main floor. Upstairs there is 2 bedrooms with walk-in closets and private ensuites, an open loft area perfect for office space, a library etc plus a huge family/theatre room with a wet bar and 2 piece bath. Downstairs is finished with a fabulous space for a games room with a wet bar area, 3 bedrooms, a 3 piece bath plus a room for a gym or craft room etc.Perfect for entertaining, this home was built with space for everyone. Fabulous 4 Season Muskoka room with a gas fireplace to enjoy the water views. Great boating on the Trent Severn and easy access thru the Narrows to Lake Simcoe.If you are lucky you will see the beautiful swans in the area. (id:5764)

465 Mooney Crescent, Orillia

Listing courtesy of RE/MAX HALLMARK CHAY REALTY.

$1,098,000
10 Beds 9 Baths S13464316 MLS® #
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. (id:5764)

371 Barrie Road, Orillia

Listing courtesy of RE/MAX HALLMARK CHAY REALTY.

$2,490,000
6 Beds 6 Baths S13464810 MLS® #
83' of Lake Couchiching waterfront on a quiet family friendly sought after cul-de-sac. Stunning 5,700 sq. foot custom home built in 2018 with 6+ bedrooms & 6 bathrooms. Large welcoming foyer with a view straight to the water and walk in closet. The open concept main floor offers a chefs kitchen with tons of cabinet space, breakfast bar, double stainless farm sink and stone counters, spacious dining area with a walkout to the water view deck, and a living room with , a cathedral ceiling, floor to ceiling windows and gas stone fireplace. Main floor Principal suite overlooking the water with a spacious 5 piece ensuite and 14 x 10 closet with custom built-ins. Convenient pantry, laundry, 3 piece bath and mud room off the 3 car garage finish off the main floor. Upstairs there is 2 bedrooms with walk-in closets and private ensuites, an open loft area perfect for office space, a library etc plus a huge family/theatre room with a wet bar and 2 piece bath. Downstairs is finished with a fabulous space for a games room with a wet bar area, 3 bedrooms, a 3 piece bath plus a room for a gym or craft room etc.Perfect for entertaining, this home was built with space for everyone. Fabulous 4 Season Muskoka room with a gas fireplace to enjoy the water views. Great boating on the Trent Severn and easy access thru the Narrows to Lake Simcoe.If you are lucky you will see the beautiful swans in the area.

465 Mooney Crescent, Orillia

Listing courtesy of RE/MAX HALLMARK CHAY REALTY.

$1,098,000
10 Beds 9 Baths S13464316 MLS® #
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.

371 Barrie Road, Orillia

Listing courtesy of RE/MAX HALLMARK CHAY REALTY.

$1,599,999
6 Beds 4 Baths S13454822 MLS® #
Tucked behind the gates of Sophie's Landing on a quiet private cul-de-sac, 5 Invermara Court offers a rare opportunity to own 1 of only 14 waterfront residences in this coveted lakeside community. From the moment you arrive, there is an unmistakable sense of privacy, calm & connection to the water, set within maintained grounds, mature landscaping & a resort-style setting on Lake Simcoe. Positioned on 1 of the community's most desirable lots, the home feat the largest backyard in Sophie's Landing with SW exposure & unobstructed sunset views. Residents enjoy private dock access w/ boating across Lake Simcoe into Lake Couchiching, access to marinas, waterfront dining & Central Ontario's most iconic shoreline destinations. Amenities: private beach, swim dock, canoe/kayak storage, visitor parking & 1km+ of private waterfront trails. Thoughtfully redesigned, the home blends refined finishes w/ panoramic waterfront living. A multipoint front door opens to curated interiors feat shiplap detailing across 3 levels & plaster crown moulding on the main. The open-concept kitch, din & liv area is framed by soaring 18ft vaulted ceilings & flr-to-ceiling SW-facing lakefront windows that flood the home w/ natural light & capture sunset views. The kitchen designed for elevated living & entertaining w/ GE Cafe matte white appliances, 36" 6-burner range, wall oven w/ 5-in-1 convection, Calacatta quartz surfaces, book-matched backsplash, double-stacked shaker cabinetry, pantry pull-outs, dovetailed solid wood drawers & a stunning 8x4 walnut island w/ Blanco farmhouse sink. Under/over cabinet lighting, reverse osmosis filtration & premium finishes complete the space. Anchored by an imported Jotul gas fireplace, the main liv area flows seamlessly to the dining space & out to a Duradek-covered terrace w/ glass railings, privacy wall & 20ft retractable awning ideal for lakeside entertaining. Electric silhouette blinds enhance comfort while preserving views. (id:5764)

5 Invermara Court Unit 40, Orillia

Listing courtesy of EXP REALTY.

$1,599,999
6 Beds 4 Baths S13454822 MLS® #
Tucked behind the gates of Sophie's Landing on a quiet private cul-de-sac, 5 Invermara Court offers a rare opportunity to own 1 of only 14 waterfront residences in this coveted lakeside community. From the moment you arrive, there is an unmistakable sense of privacy, calm & connection to the water, set within maintained grounds, mature landscaping & a resort-style setting on Lake Simcoe. Positioned on 1 of the community's most desirable lots, the home feat the largest backyard in Sophie's Landing with SW exposure & unobstructed sunset views. Residents enjoy private dock access w/ boating across Lake Simcoe into Lake Couchiching, access to marinas, waterfront dining & Central Ontario's most iconic shoreline destinations. Amenities: private beach, swim dock, canoe/kayak storage, visitor parking & 1km+ of private waterfront trails. Thoughtfully redesigned, the home blends refined finishes w/ panoramic waterfront living. A multipoint front door opens to curated interiors feat shiplap detailing across 3 levels & plaster crown moulding on the main. The open-concept kitch, din & liv area is framed by soaring 18ft vaulted ceilings & flr-to-ceiling SW-facing lakefront windows that flood the home w/ natural light & capture sunset views. The kitchen designed for elevated living & entertaining w/ GE Cafe matte white appliances, 36" 6-burner range, wall oven w/ 5-in-1 convection, Calacatta quartz surfaces, book-matched backsplash, double-stacked shaker cabinetry, pantry pull-outs, dovetailed solid wood drawers & a stunning 8x4 walnut island w/ Blanco farmhouse sink. Under/over cabinet lighting, reverse osmosis filtration & premium finishes complete the space. Anchored by an imported Jotul gas fireplace, the main liv area flows seamlessly to the dining space & out to a Duradek-covered terrace w/ glass railings, privacy wall & 20ft retractable awning ideal for lakeside entertaining. Electric silhouette blinds enhance comfort while preserving views.

5 Invermara Court Unit 40, Orillia

Listing courtesy of EXP REALTY.

$595,000
6 Beds 2 Baths S13226650 MLS® #
What If Homeownership Cost Less Than Renting? Step Up To 58 Nottawasaga Street. This Legal Duplex Features Two Bright And Spacious 3-Bedroom Units, Both Above Grade. Whether You're A First-Time Buyer Looking To Offset Your Housing Costs Or An Investor Seeking Strong Rental Potential, This Property Delivers Flexibility And Long-Term Value. Extensively Renovated Over The Past 10 Years, The Home Offers Modern Finishes And Updated Major Systems Without The Worry Of Immediate Capital Expenses. Bring Your Imagination To The Third Floor Loft, A Flexible Space With Potential For Additional Living Area, A Home Office, Studio, Or Storage. Enjoy A Lifestyle Just Minutes From Lake Couchiching, Downtown Shops And Restaurants, Parks, Trails, And All The Conveniences That Make Orillia One Of Ontario's Fastest-Growing Communities. (id:5764)

58 Nottawasaga Street, Orillia

Listing courtesy of .

$595,000
6 Beds 2 Baths S13226650 MLS® #
What If Homeownership Cost Less Than Renting? Step Up To 58 Nottawasaga Street. This Legal Duplex Features Two Bright And Spacious 3-Bedroom Units, Both Above Grade. Whether You're A First-Time Buyer Looking To Offset Your Housing Costs Or An Investor Seeking Strong Rental Potential, This Property Delivers Flexibility And Long-Term Value. Extensively Renovated Over The Past 10 Years, The Home Offers Modern Finishes And Updated Major Systems Without The Worry Of Immediate Capital Expenses. Bring Your Imagination To The Third Floor Loft, A Flexible Space With Potential For Additional Living Area, A Home Office, Studio, Or Storage. Enjoy A Lifestyle Just Minutes From Lake Couchiching, Downtown Shops And Restaurants, Parks, Trails, And All The Conveniences That Make Orillia One Of Ontario's Fastest-Growing Communities.

58 Nottawasaga Street, Orillia

Listing courtesy of LPT REALTY.

$1,245,000
7 Beds 4 Baths S13160936 MLS® #
RENOVATED LEGAL FOURPLEX WITH MAJOR UPGRADES, LAKE SIMCOE ACROSS THE ROAD & INCOME-PRODUCING POTENTIAL! Secure an income-focused legal fourplex on nearly half an acre, positioned across from Lake Simcoe with renovated suites, strong rental potential, and neighbouring higher-end homes adding to the area's appeal. Set on an impressive 87 x 203 ft lot, 22 Olive Crescent speaks to investors, entrepreneurs, and multi-family buyers looking beyond the ordinary income property. Live in one unit, keep family close in another, and generate rental income from the remaining suites, or lease all four to capture current market value. The property offers a versatile mix of one-bedroom, three-bedroom, one-bedroom plus den, and two-bedroom suites, with only one unit below grade. Three units are currently vacant, giving the next owner control over tenant selection and market rents from day one, while three of the four suites have been extensively renovated with updated kitchens, bathrooms, flooring, trim, interior doors, and appliances. With 8 parking spaces, separate utilities except water, a common coin-operated laundry, storage, and major improvements including the roof, insulation, siding, basement waterproofing, sump pump, and ongoing landscaping enhancements, much of the heavy lifting has already been done. Minutes from Kitchener Park, beaches, boat launches, downtown Orillia, Orillia Soldiers' Memorial Hospital, schools, shops, and local parks. (id:5764)

22 Olive Crescent, Orillia

Listing courtesy of RE/MAX HALLMARK PEGGY HILL GROUP REALTY.

$1,245,000
7 Beds 4 Baths S13160936 MLS® #
RENOVATED LEGAL FOURPLEX WITH MAJOR UPGRADES, LAKE SIMCOE ACROSS THE ROAD & INCOME-PRODUCING POTENTIAL! Secure an income-focused legal fourplex on nearly half an acre, positioned across from Lake Simcoe with renovated suites, strong rental potential, and neighbouring higher-end homes adding to the area's appeal. Set on an impressive 87 x 203 ft lot, 22 Olive Crescent speaks to investors, entrepreneurs, and multi-family buyers looking beyond the ordinary income property. Live in one unit, keep family close in another, and generate rental income from the remaining suites, or lease all four to capture current market value. The property offers a versatile mix of one-bedroom, three-bedroom, one-bedroom plus den, and two-bedroom suites, with only one unit below grade. Three units are currently vacant, giving the next owner control over tenant selection and market rents from day one, while three of the four suites have been extensively renovated with updated kitchens, bathrooms, flooring, trim, interior doors, and appliances. With 8 parking spaces, separate utilities except water, a common coin-operated laundry, storage, and major improvements including the roof, insulation, siding, basement waterproofing, sump pump, and ongoing landscaping enhancements, much of the heavy lifting has already been done. Minutes from Kitchener Park, beaches, boat launches, downtown Orillia, Orillia Soldiers' Memorial Hospital, schools, shops, and local parks.

22 Olive Crescent, Orillia

Listing courtesy of RE/MAX HALLMARK PEGGY HILL GROUP REALTY.

$799,000
6 Beds 3 Baths S13140550 MLS® #
Turnkey Residential income opportunity in the heart of downtown Orillia. This Brand new fully renovated never lived in Multi Use legal triplex is a rare offering for investors and Home Ownership seeking strong cash flow, low operating costs, and long-term appreciation. Each of the three self-contained units features 2 bedrooms, 1 living space, and a 3-piece bathroom, along with a separate laundry for each suite and all appliances inclusive (stove & fridge). Designed for tenant comfort and independence, every unit also benefits from separate gas and hydro meters, significantly reducing landlord expenses. Adding to its appeal, includes Private parking space at rear of building -a highly desirable feature in a central downtown location. Projected rental income based on current market conditions is approximately $5,600/month ($67,200 annually), delivering a strong ~5.7%-6.0% cap rate depending on purchase price. This makes the property ideal for investors looking for immediate income with upside potential. Flexible ownership options allow you to rent all three units for maximum cash flow, or live in one unit while the others offset your mortgage, making it equally attractive for owner-investors. Situated steps to Orillia's vibrant downtown core, tenants enjoy easy access to shops, restaurants, waterfront parks, and major amenities, supporting consistent rental demand and long-term stability. A clean, efficient, income-producing asset in a growing market-this is the type of property serious investors look for. (id:5764)

28 West Street North, Orillia

Listing courtesy of RIGHT AT HOME REALTY.

$1,099,999
6 Beds 4 Baths S13101324 MLS® #
Top 5 Reasons You Will Love This Home: 1) Perfectly positioned in the heart of Orillia, this spacious legal duplex offers exceptional convenience, walkability, and the rare chance to own a high-quality multi-unit property in a highly desirable neighbourhood 2) Inside the main residence, you'll find a bright, open-concept layout complemented by a generous primary bedroom with a private ensuite, an ideal combination of comfort and modern style for families or those who love to entertain 3) The kitchen has been fully updated, featuring brand-new appliances, a refreshed upper-level flooring, upgraded stairs, stylish light fixtures, and sleek new blinds, resulting in a move-in-ready space with lasting appeal 4) A fully legal, self-contained lower-level suite provides outstanding flexibility for rental income, extended family, or multi-generational living, adding both convenience and financial value to the property 5) Rounding out this impressive home are a spacious two-car garage, an extended driveway, and elegant stamped concrete accents surrounding the exterior, delivering both functionality and striking curb appeal, with immediate possession of the main house ensures a smooth and seamless move. 2,455 above grade sq.ft plus a finished basement. *Please note some images have been virtually staged to show the potential of the home. (id:5764)

2 Vanessa Drive, Orillia

Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE.

$1,099,999
6 Beds 4 Baths S13101324 MLS® #
Top 5 Reasons You Will Love This Home: 1) Perfectly positioned in the heart of Orillia, this spacious legal duplex offers exceptional convenience, walkability, and the rare chance to own a high-quality multi-unit property in a highly desirable neighbourhood 2) Inside the main residence, you'll find a bright, open-concept layout complemented by a generous primary bedroom with a private ensuite, an ideal combination of comfort and modern style for families or those who love to entertain 3) The kitchen has been fully updated, featuring brand-new appliances, a refreshed upper-level flooring, upgraded stairs, stylish light fixtures, and sleek new blinds, resulting in a move-in-ready space with lasting appeal 4) A fully legal, self-contained lower-level suite provides outstanding flexibility for rental income, extended family, or multi-generational living, adding both convenience and financial value to the property 5) Rounding out this impressive home are a spacious two-car garage, an extended driveway, and elegant stamped concrete accents surrounding the exterior, delivering both functionality and striking curb appeal, with immediate possession of the main house ensures a smooth and seamless move. 2,455 above grade sq.ft plus a finished basement. *Please note some images have been virtually staged to show the potential of the home.

2 Vanessa Drive, Orillia

Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE.

$1,250,000
8 Beds 4 Baths S13078240 MLS® #
The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey. (id:5764)

416 Gill Street, Orillia

Listing courtesy of RE/MAX Jazz INC..

$1,250,000
8 Beds 4 Baths S13078240 MLS® #
The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey.

416 Gill Street, Orillia

Listing courtesy of RE/MAX JAZZ INC..

$2,599,000
12 Beds 12 Baths S13075776 MLS® #
Incredible investment opportunity in Orillia. Fully occupied 12-unit apartment building with stable income from day one.The property generates approximately $189,322 annually and is supported by long-term, quality tenants. A well-balanced unit mix and strong occupancy make this a reliable asset with clear potential for future rent growth.One of the key advantages is the location. The building is within walking distance to the lakefront, parks, and scenic trails, offering easy access to nature, waterfront views, and outdoor activities. This lifestyle factor strongly attracts tenants and supports long-term demand.Located in a rapidly developing area, Orillia continues to grow, with expanding infrastructure and increasing interest from young professionals.This is a clean, straightforward investment with solid fundamentals, consistent cash flow, and long-term upside. (id:5764)

263 Canice Street, Orillia

Listing courtesy of .

$2,599,000
12 Beds 12 Baths S13075776 MLS® #
Incredible investment opportunity in Orillia. Fully occupied 12-unit apartment building with stable income from day one.The property generates approximately $189,322 annually and is supported by long-term, quality tenants. A well-balanced unit mix and strong occupancy make this a reliable asset with clear potential for future rent growth.One of the key advantages is the location. The building is within walking distance to the lakefront, parks, and scenic trails, offering easy access to nature, waterfront views, and outdoor activities. This lifestyle factor strongly attracts tenants and supports long-term demand.Located in a rapidly developing area, Orillia continues to grow, with expanding infrastructure and increasing interest from young professionals.This is a clean, straightforward investment with solid fundamentals, consistent cash flow, and long-term upside.

263 Canice Street, Orillia

Listing courtesy of GRANGE HALL REALTY INC..

$1,500,000
9 Beds 7 Baths S13034688 MLS® #
This property performs and turns heads. 184 Borland St E presents a rare opportunity to acquire a renovated, well-maintained multi-residential asset in one of Orillia's most established neighbourhoods. Located in the prestigious and highly valued East Ward on a large in-town lot, this is a clean, stabilized investment with a proven track record of performance.The property consists of 6 legal residential units plus flex space delivering solid 6+ income streams with strong in-place tenancy and a historically low vacancy rate. Over the past three years, vacancy has been minimal, with near full occupancy outside of brief renovation periods.Based on 2026 projections from actuals, the property generates a Net Operating Income of $96,266.92 and is offered at $1,550,000, representing a 6.21% cap rate. Operating expenses of $30,946.36 reflect a combination of actual and projected costs, resulting in an efficient and well-controlled expense profile.Ownership has completed extensive capital improvements including renovated units, updated hallways, plumbing upgrades, lighting improvements, and the replacement of both owned hot water tanks in 2025. The asset has been actively improved with a focus on long-term performance and tenant retention.Recent leasing activity confirms strong rental demand, with a one-bedroom unit leased at $1,700 and a three-bedroom at $2,000. Current rents align with market levels while still offering room for gradual growth.Additional income from laundry and parking further supports overall returns, and the property benefits from a balanced tenant mix of long-term and newer occupants.Strong numbers, low vacancy rate, and a fully improved asset in a growing Simcoe County market make this a compelling turnkey investment with immediate cash flow and continued upside. (id:5764)

184 Borland Street East, Orillia

Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD..

$1,500,000
9 Beds 7 Baths S13034688 MLS® #
This property performs and turns heads. 184 Borland St E presents a rare opportunity to acquire a renovated, well-maintained multi-residential asset in one of Orillia's most established neighbourhoods. Located in the prestigious and highly valued East Ward on a large in-town lot, this is a clean, stabilized investment with a proven track record of performance.The property consists of 6 legal residential units plus flex space delivering solid 6+ income streams with strong in-place tenancy and a historically low vacancy rate. Over the past three years, vacancy has been minimal, with near full occupancy outside of brief renovation periods.Based on 2026 projections from actuals, the property generates a Net Operating Income of $96,266.92 and is offered at $1,550,000, representing a 6.21% cap rate. Operating expenses of $30,946.36 reflect a combination of actual and projected costs, resulting in an efficient and well-controlled expense profile.Ownership has completed extensive capital improvements including renovated units, updated hallways, plumbing upgrades, lighting improvements, and the replacement of both owned hot water tanks in 2025. The asset has been actively improved with a focus on long-term performance and tenant retention.Recent leasing activity confirms strong rental demand, with a one-bedroom unit leased at $1,700 and a three-bedroom at $2,000. Current rents align with market levels while still offering room for gradual growth.Additional income from laundry and parking further supports overall returns, and the property benefits from a balanced tenant mix of long-term and newer occupants.Strong numbers, low vacancy rate, and a fully improved asset in a growing Simcoe County market make this a compelling turnkey investment with immediate cash flow and continued upside.

184 Borland Street E, Orillia

Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD..

$449,400
6 Beds 3 Baths S12994782 MLS® #
Opportunity awaits in this detached 1-storey family home located on a quiet residential street in south-central Orillia. Situated on a standard-sized lot measuring approximately 57.6 x 115 ft (irregular), this property offers a solid footprint with 1,472 sq. ft. above grade plus a full, mostly finished basement. The home features 4+1 bedrooms and three 3-piece bathrooms, providing flexible living space for families, multi-generational living, or renovation potential.The main level offers a functional layout with a combined living and dining area, kitchen, bedroom, and full bathroom. The upper level includes additional bedrooms with hardwood flooring. The partly finished basement includes a recreation room, bedroom, and a partially completed bathroom, offering added living space. Flooring throughout is a mix of hardwood, laminate, carpet, and vinyl. (id:5764)

345 LINWOOD Avenue, Orillia

Listing courtesy of CMI REAL ESTATE INC..

$2,299,000
12 Beds 7 Baths S12994258 MLS® #
Exceptional opportunity to own a fully renovated 7-unit apartment building with high in-place income and excellent tenant profile. Completely occupied, this turnkey investment has been thoughtfully upgraded in 2023 with new doors, windows, flooring, water tank, modern appliances, and energy-efficient floor heating. A newly added retaining wall maximizes functionality by increasing available parking. The property includes 5 spacious 2-bedroom, condo-style apartments featuring wall A/C units and updated kitchens with dishwashers, one 1-bedroom apartment, and 1 bachelor. Designed for both tenant comfort and investor peace of mind, this well-maintained asset offers a compelling blend of stability, quality, and long-term growth potential. All tenants pay their own hydro. It is located within walking distance of the lake and marina. (id:5764)

235 Canice Street, Orillia

Listing courtesy of .

$449,400
6 Beds 3 Baths S12994782 MLS® #
Opportunity awaits in this detached 1-storey family home located on a quiet residential street in south-central Orillia. Situated on a standard-sized lot measuring approximately 57.6 x 115 ft (irregular), this property offers a solid footprint with 1,472 sq. ft. above grade plus a full, mostly finished basement. The home features 4+1 bedrooms and three 3-piece bathrooms, providing flexible living space for families, multi-generational living, or renovation potential.The main level offers a functional layout with a combined living and dining area, kitchen, bedroom, and full bathroom. The upper level includes additional bedrooms with hardwood flooring. The partly finished basement includes a recreation room, bedroom, and a partially completed bathroom, offering added living space. Flooring throughout is a mix of hardwood, laminate, carpet, and vinyl.

345 LINWOOD Avenue, Orillia

Listing courtesy of CMI REAL ESTATE INC..

$2,299,000
12 Beds 7 Baths S12994258 MLS® #
Exceptional opportunity to own a fully renovated 7-unit apartment building with high in-place income and excellent tenant profile. Completely occupied, this turnkey investment has been thoughtfully upgraded in 2023 with new doors, windows, flooring, water tank, modern appliances, and energy-efficient floor heating. A newly added retaining wall maximizes functionality by increasing available parking. The property includes 5 spacious 2-bedroom, condo-style apartments featuring wall A/C units and updated kitchens with dishwashers, one 1-bedroom apartment, and 1 bachelor. Designed for both tenant comfort and investor peace of mind, this well-maintained asset offers a compelling blend of stability, quality, and long-term growth potential. All tenants pay their own hydro. It is located within walking distance of the lake and marina.

235 Canice Street, Orillia

Listing courtesy of GRANGE HALL REALTY INC..

$1,650,000
6 Beds 5 Baths S12951264 MLS® #
27 Heyden Avenue, a magnificent 2460 sq ft bungalow home perfectly situated on a generous 77-foot stretch of Lake Simcoe waterfront in a prime Orillia location. This exceptional property offers unparalleled bay( sunset)exposure, ideal for recreational pursuits, and breathtaking sunset views over the water, year-round. Step inside and discover a bright ,spacious 3+3 bedroom layout, ideal for large families or those who love to host. The bright, design is highlighted by the classic waterfront features, inviting the outside in. The fully finished walk-out lower level provides an additional 2460 sq ft of living space, offering seamless access to the gently sloping yard that leads directly to the water's edge. Enjoy all the joys of lakeside living ,swimming, boating, fishing right from your backyard. This is more than a home; it's a lifestyle. Don't miss this rare opportunity in a highly desirable (id:5764)

27 Heyden Avenue, Orillia

Listing courtesy of Royal LePage Quest.