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4
BEDROOMS 3
BATHROOMS 3
KITCHENS 10
ROOMS S13657948
MLSID Contact Us
Property 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.
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Property Features
Public Transit, School Bus Route, Hospital, None, Private Triple
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Property Details
Address
116 Albert Street
Community
City
Postal Code
L3V 5L2
Property Type
Triplex, Triplex
Zoning
M2
Lot Size
70' x 89'
Taxes
$3,326 (2025
Basement
Full, Unfinished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
None
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Listing contracted with Faris Team Real Estate Brokerage
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