116 Albert Street S,Orillia, ON L3V 5L2
Orillia, ON L3V 5L2
Description
Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 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.
Details
| MLS # | S13657948 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 13 |
| Listing Provided By | FARIS TEAM REAL ESTATE BROKERAGE | S13657948 239901 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.14 |
Interior
| Interior Features | None |
|---|---|
| Cooling | None |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private Triple |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3326 |
|---|---|
| Tax Legal Description | PT LT 6 BLK K PL 228 ORILLIA PT 1, 51R13363; ORILLIA |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Orillia |
| Postal Code | L3V 5L2 |
| Area | Orillia |
| Listing VS Median (in L3V 5L2) | |
Price: $649,000 low | high Med: $0 On site: 13 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Orillia |
| Postal Code | L3V 5L2 |
| Area | Orillia |
| Listing VS Median (in L3V 5L2) | |
Price: $649,000 low | high Med: $0 On site: 13 low | high Med: | |
