416 Gill St
Orillia, Orillia
$1,384,900
Buy with Dwelly and Save $13,849
Home Details
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Listing Description
The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey.
Four Fridges, Four Stoves, Two Coin Washers, Two Coin Gas Dryers, Generator (on-site)
City: Orillia
Neighborhood: Orillia
Property History
Rooms
Room dimensions for 416 Gill St, Orillia
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 416 Gill St is 7476
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1384900 |
| Down Payment | $276980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1107920 |
Monthly Payment
| Mortgage Payment | $6827 |
| Property Taxes | $649 |
| Maintenance Fees | $0 |
| Monthly Payment | $7476 |
About 416 Gill St, Orillia
Located at 416 Gill St , this Orillia house is available for sale. This property was listed for $1,384,900 on Tue Nov 18 2025. This house's size is 3500-5000 Sqft. It has 8 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 8 parking spots. 416 Gill St, Orillia is situated in the Orillia neighbourhood.
MLS#: S12555286 · $1,384,900 · 8 bedroom house in Orillia, Orillia