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Solid investment opportunity in a great, well-established Orillia neighborhood! This well-maintained, legal triplex offers immediate returns and value-add potential. The upper level features two spacious one-bedroom units both freshly painted, modern bathrooms, updated flooring and move-in ready! Both units are vacant, you can customize your rental strategy, or occupy personally. The main floor includes a third one-bedroom unit, occupied by an excellent long term tenant paying market rent. Also on the main level is a large storage space already roughed-in for conversion to a 4th rental unit, as well as a full utility room. 3 separate hydro meters and each unit has a private entrance with dedicated parking. Updated vinyl windows. Located close to transit, shopping, hospital, and parks, this is a high-demand area. Whether you're expanding your portfolio or securing your first investment property, this asset checks all the right boxes.
3 Hot Water Tanks, 2 Fridges & 3 Stoves
City: Orillia
Neighborhood: Orillia
Purchase Price | $949900 |
Down Payment | $189980 |
Mortgage Insurance | $0 |
Total Mortgage | $759920 |
Mortgage Payment | $4683 |
Property Taxes | $397 |
Maintenance Fees | $0 |
Monthly Payment | $5080 |
Located at 19 South St S , this Orillia house is available for sale. This property was listed for $949,900 on Thu Jul 03 2025. This house's size is 3000-3500 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Living, Br, Kitchen, Living, Br, Kitchen, Living, Br, Utility, Utility, Utility. This property comes with 7 parking spots. 19 South St S, Orillia is situated in the Orillia neighbourhood.
MLS#: S12260108 · $949,900 · 3 bedroom house in Orillia, Orillia