541 High Street

Nestled in Orillia's highly sought-after North Ward, this solid brick bungalow offers two self-contained units, making it an ideal option for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. The upper unit is flooded with natural light and has been entirely freshly painted (May 2026) creating a warm & inviting atmosphere. The main floor features three bedrooms, a 4 piece bathroom and a large kitchen with french doors that open onto an oversized backyard. Surrounded by mature greenery and offering privacy, the deep 60 x 151 ft lot is perfect for summer BBQs, your quiet morning coffee or entertaining friends & family. The lower level offers a legal, self-contained studio apartment with a bright kitchen, generous living space and a spacious bathroom. Each unit enjoys its own private entrance and dedicated laundry, offering convenience and independence for all occupants. Complete with a detached garage and close to parks, schools, shopping and Orillia's vibrant waterfront, this is a versatile property with endless potential.

ATTENTION INVESTORS & SAVVY HOMEOWNERS-REGISTERED DUPLEX WITH IMMEDIATE CASH FLOW POTENTIAL. Spacious 2-bedroom upper unit plus a separate 1-bedroom lower suite. Live up and rent down, or rent both-either way, this property helps pay your mortgage. Nestled on a generous lot with a huge backyard and room to grow, this home offers endless value-add potential. Prime location steps to Soldiers Memorial, minutes to the Highway, and close to transit, shops, and amenities. Whether you're building your portfolio or entering the market with built-in income, this is the rare opportunity you've been waiting for.

Welcome Home To 165 Cedar Island Road, This fantastic legal non conforming duplex offers exceptional flexibility, income potential, and room to grow. Ideally located just steps from the lake, scenic waterfront trails, downtown, shops, restaurants, parks, and everyday amenities, it's a property that combines lifestyle with long-term opportunity. Currently configured as a legal duplex, The upper-level unit features a bright one-bedroom layout complete with its own private laundry, spacious deck, and comfortable living space. The lower-level unit offers an expansive two-bedroom floor plan with two separate living areas, private laundry, and excellent flexibility for tenants, extended family, or multigenerational living. The home could also be converted back into a spacious 4 or 5 bedroom single-family residence if desired. Positioned to one side of the lot, the property offers excellent potential for future expansion, including the possibility of an addition, detached garage, garden suite, or even a garage with a garden suite above (subject to municipal approvals). Buyers are encouraged to complete their own due diligence with the City regarding future development possibilities. Thoughtfully updated throughout, the home features all new flooring (2021), a beautifully updated kitchen (2021), renovated bathrooms (2021), a new washer and dryer (2024), and a brand-new roof completed in (2026), Outside, you'll enjoy an expansive upper-level deck that provides a wonderful space to relax and take in views of the lake. Whether you're searching for a home with rental income, multi-generational living, or future development potential, this unique property offers an exceptional combination of versatility, location, and opportunity.

Motivated seller. Flexible possession available in time for the school year.Side-by-side duplex in Orillia offering practical options for home ownership, extended family living, or investment. Set on an 81-foot frontage with R2 zoning, this 1-storey property features two residential units connected only by the shared laundry area, giving each side a more private, separate-home feel.One unit is vacant, creating an opportunity for an owner-occupier, multigenerational household, or buyer looking to set their own rental terms. The other unit is currently occupied by great tenants. The property offers functional space, parking, shed storage, municipal services, gas forced-air heating, vinyl siding, and a straightforward layout. Some updating may be desired, giving the next owner room to refresh, improve, and build value over time.Located with a bus stop immediately in front and close to schools, recreation, shopping, restaurants, parks, hospital access, lake access, marina, Highway 12, and everyday Orillia amenities.A practical opportunity for buyers looking for a duplex with flexible use, rental income, and long-term potential.

Check out this outstanding investment opportunity featuring zoning and permitted use information available in the documents section. This legal duplex offers two well-appointed 2-bedroom units, each with its own hydro meter, with potential to create a smaller third unit subject to municipal approval. The property sits on a large in-town double lot, providing excellent long-term development and income potential for savvy investors or developers. Located directly across from an expanding rental complex, this property is positioned in a high-demand area that supports continued rental growth. The existing income stream allows you to carry the property while the City approval process for future changes or improvements is underway, making it an ideal buy-now-and-hold investment. Current monthly income $3,100.00, long term Tenants. Conveniently situated in Orillia, the property is within walking distance to the hospital, downtown core with its charming cafes, restaurants, banks, and shopping, as well as the recreation centre, all of which contribute to strong tenant appeal. As Orillia continues to experience steady growth, this is a great opportunity to become part of the city's expanding real estate market. The buyer is responsible for all municipal processes and associated costs related to zoning verification, change of use, and permit approvals. This is a versatile property with significant potential for income generation, development, or long-term investment holding.