116 Albert Street

Orillia, L3V 5L2
FOR SALE
$649,000
116 Albert Street, Orillia
Investment
CATEGORY
6,070 Sq Ft
TOTAL AREA
S12723936
MLSID
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Property Description
Fantastic opportunity to own an affordable investment property generating almost $50K income with significant upside! Legal 3-plex has seen numerous improvements including new roof (2024), new eaves troughs (2025), two major suite modernizations in 2022 and 2025. Located in desirable and lucrative downtown Orillia! Within very close proximity to shopping, grocery, hospital, lake, and bustling downtown core! Listed together with 80 James St E (4 Suites). Can be bought together or separately.
Property Details
Address
116 Albert Street
Community
Postal Code
L3V 5L2
Property Type
Investment, Investment
Use
Apartment
Zoning
Legal non conforming 3-plex
Lot Size
66' x 88'
Total Area
6,070 Sq Ft
Acreage
5,841.0 Feet
Taxes
$3,326 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Garage Type
Outside/Surface
Listing contracted with Stonebank Real Estate Ltd.
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