Opportunity meets versatility in Orillia's highly sought-after North Ward. This legal duplex presents an exceptional investment opportunity while offering the flexibility to suit owner-occupants and multi-generational families alike. With two self-contained units, it's ideal for generating rental income and offsetting your mortgage. The vacant upper unit is move-in ready and features three bedrooms, a 4-piece bathroom, and a spacious kitchen with French doors leading to an oversized backyard. Set on a generous 60 x 151ft lot and surrounded by mature trees, the outdoor space offers privacy and plenty of room for summer BBQs, gardening, or relaxing with family and friends. The legal lower-level studio apartment is currently tenanted with an excellent long-term tenant, providing immediate rental income, and offers a bright kitchen, generous living space, a spacious bathroom, and it's own private entrance and dedicated laundry - comfort, convenience, and independence for both occupants. Complete with a detached garage and ideally located just minutes from parks, schools, shopping, and Orillia's vibrant waterfront, this is a rare opportunity to own a flexible, income-producing property in one of the city's most desirable neighborhoods.
| MLS # | S13599272 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 42 |
| Listing Provided By | EXP REALTY | S13599272 285400 |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Acreage | 0.21 |
| Water Front | None |
| Interior Features | Carpet Free, Water Heater Owned, Sump Pump |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | Yes |
| Exterior Features | Deck |
|---|---|
| Roof | Asphalt Shingle |
| Foundation Details | Concrete Block |
| Construction Materials | Brick |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 3991.9 |
|---|---|
| Tax Legal Description | LT 331 PL 1026 SOUTH ORILLIA; ORILLIA |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Orillia |
| Postal Code | L3V 3S7 |
| Area | Orillia |
| Listing VS Median (in L3V 3S7) | |
Price: $569,900 low | high Med: $0 On site: 42 low | high Med: | |
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Orillia |
| Postal Code | L3V 3S7 |
| Area | Orillia |
| Listing VS Median (in L3V 3S7) | |
Price: $569,900 low | high Med: $0 On site: 42 low | high Med: | |