19 South St S

Orillia, Orillia, L3V 3T1
FOR SALE
$949,000
19 South St S, Orillia
19 South St S
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3
BEDROOMS
3
BATHROOMS
3
KITCHENS
16
ROOMS
S8274568
MLSID
Contact Us
Property Description
Make your investment dreams a reality with this cash flowing, well kept, legal triplex in highly desirable neighborhood. The upper floor consists of 2 large one bedroom units. Main floor has a single one bedroom unit as well as a large storage unit that has been roughed in to be converted to a 4th apartment. All units have their own entrance and parking. Gross income for 2023 $44,109 with very low maintenance cost of $8610approximately netting $42630. All units are occupied with good standing tenants. Fantastic neighborhood that is close to shops, transit, hospital, park and more!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-15 2023-12-22 37 $1,150,000 - Terminated
Property Details
Street
Community
Property Type
Multiplex, 2-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
75' x 109'
Fronting
South
Taxes
$4,584 (2024)
Basement
None
Exterior
Alum Siding, Concrete
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
Orillia Market Statistics
Orillia Price Trend
19 South St S is a 3-bedroom 3-bathroom home listed for sale at $949,000, which is $274,819 (40.8%) higher than the average sold price of $674,181 in the last 30 days (April 7 - May 6). During the last 30 days the average sold price for a 3 bedroom home in Orillia increased by $14,181 (2.1%) compared to the previous 30 day period (March 8 - April 6) and down $5,241 (0.8%) from the same time one year ago.
Inventory Change
There were 30 3-bedroom homes listed in Orillia over the last 30 days (April 7 - May 6), which is up 42.9% compared with the previous 30 day period (March 8 - April 6) and up 30.4% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Orillia typically sold ($10,536) (1.6%) below asking price over the last 30 days (April 7 - May 6), which represents a $864 increase compared to the previous 30 day period (March 8 - April 6) and ($17,237) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Orillia over the last 30 days (April 7 - May 6) stood at 36.7%, down from 147.6% over the previous 30 days (March 8 - April 6) and down from 43.5% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Orillia stood at 27 days when successfully sold over the last 30 days (April 7 - May 6), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Coldwell Banker - R.M.R. Real Estate
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