An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hy...dro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available
Full Property Details
Interior
Bedrooms
6
Total Bedrooms
6
Washrooms
4
Square Footage
2500-3000 sqft
Basement
Crawl Space
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
None
Family Room
No
Kitchens
4
Total Kitchens
4
Fireplace Features
No
Bedrooms
6
Total Bedrooms
6
Washrooms
4
Square Footage
2500-3000 sqft
Basement
Crawl Space
Heating Source
Electric
Heating Fuel
Baseboard
Air Conditioning
None
Family Room
No
Kitchens
4
Total Kitchens
4
Fireplace Features
No
Exterior
Depth
107.65
Front
30.62
Acreage
< .50
Driveway
Private
Lot Size
31 x 107.65 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
None
Garage Spaces
0
Zoning
Residential
Depth
107.65
Front
30.62
Acreage
< .50
Driveway
Private
Lot Size
31 x 107.65 ft
Pool
None
Parking Spaces
6
Total Parking Spaces
6.00
Parking Description
None
Garage Spaces
0
Zoning
Residential
Building Description
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
North
Exterior Finish
Brick,Vinyl Siding
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
2-Storey
Home Type
Apartment
Subtype
Fourplex
Property Orientation
North
Exterior Finish
Brick,Vinyl Siding
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Orillia
Community
Orillia
Taxes & Fees
Taxes
$5,516 /yr
Tax Year
2025
Occupancy
Tenant
Taxes
$5,516 /yr
Tax Year
2025
Occupancy
Tenant
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