93 North Street

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.