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City-approved, legal duplex offering two self-contained, move-in ready units (up/down) with private entrances - ideal for investors, multi-generational families or homeowners looking to offset mortgage costs. This brick & siding home with metal roof (2017) delivers immediate cash flow in a high-demand rental area. The upper unit features 3 bedrooms, an updated 3-pc bath (tub/shower combo), full kitchen and open-concept living/dining space. The bright lower unit offers 1 bedroom, 3-pc bath (shower), large above-grade windows, an efficient kitchen and cozy living/eating area. Both units have been freshly painted in calming neutrals & include recent updates to kitchens, baths, flooring, doors & trim. Additional features: forced-air gas furnace, central A/C, covered carport and parking for 3-4 vehicles. The fully fenced backyard backs onto the peaceful Couchiching Golf Course - offering green views, added privacy and regular wildlife sightings. Projected rental income (Orillia averages): 3-bedroom unit: approx. $2,000-2,300/month. 1-bedroom unit: approx. $1,400-1,800/month. Total gross income: approx $38,400- 51,600/year. Located just 7 minutes to downtown Orillia & the marina, 15 mins to Casino Rama and 30 mins to two ski resorts. Enjoy beaches, year-round festivals, dining and recreation at your doorstep. A rare opportunity to secure a hands-off investment with great returns - or enjoy home ownership with a healthy built-in income stream. Be sure to view the 3D tour and slideshow below, then book your showing and discover the income potential and mortgage versatility this turnkey gem truly has to offer!
All appliances in both units included, washer/dryer, All ELF's
City: Orillia
Neighborhood: Orillia
Purchase Price | $649900 |
Down Payment | $129980 |
Mortgage Insurance | $0 |
Total Mortgage | $519920 |
Mortgage Payment | $3204 |
Property Taxes | $266 |
Maintenance Fees | $0 |
Monthly Payment | $3470 |
Sold Comparables homes near 55 Fittons Rd E, Orillia
Located at 55 Fittons Rd E , this Orillia house is available for sale. This property was listed for $649,900 on Wed Jul 16 2025. This house's size is 1100-1500 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br, 3rd Br, Bathroom, Living, Kitchen, 4th Br, Bathroom, Laundry. This property comes with 4 parking spots. 55 Fittons Rd E, Orillia is situated in the Orillia neighbourhood.
MLS#: S12287132 · $649,900 · 4 bedroom house in Orillia, Orillia