116 Albert Street South

Orillia, ONMulti-family
$649,000
MLS® S13657948
Multi-family4 beds3 baths3 total
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About This Property

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. *Please note some images have been virtually staged to show the potential of the home. (id:63604)

Key Facts

Type
Multi-family
Beds
4
Baths
3
Size
1,500 sqft
Lot
69.7 x 88.6 FT
Parking
3 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Dryer
Property Details 15 details
Bedrooms
4 bedrooms
4 above grade
Bathrooms
3 bathrooms
Parking
3 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Triplex
Attached status
Attached
Storeys
2
Basement
Unfinished, Full
Heating
Forced air, Natural gas
Fireplace
No
Lot dimensions
69.7 x 88.6 FT
Frontage
69.80 feet
Taxes
$3,326.00
Zoning
M2
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorStoveDryerLaminateVinyl

Exterior features

BrickStone
Rooms 10 rooms
Level
Room
Dimensions
Main level
Kitchen
3.3 m x 2.65 m
Main level
Living room
3.11 m x 2.22 m
Main level
Bedroom
3.32 m x 2.18 m
Main level
Kitchen
5.94 m x 3.95 m
Main level
Den
2.67 m x 1.58 m
Main level
Bedroom
3.56 m x 3.11 m
Upper Level
Kitchen
3.37 m x 2.89 m
Upper Level
Living room
5 m x 3.38 m
Upper Level
Bedroom
4.14 m x 2.8 m
Upper Level
Bedroom
2.83 m x 2.15 m

Virtual Tour & Media

Brochure
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$649,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Map is approximate.

Neighbourhood

Area
Orillia
City
Orillia
Postal code
L3V 5L2
Nearby
Barrie Rd/Albert St S
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