116 Albert Street S Orillia, Ontario L3V 5L2

$649,000

Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. (id:55460)

Property Details

MLS® Number	S13657948
Property Type	Multi-family
Community Name	Orillia
Amenities Near By	Public Transit, Hospital
Community Features	School Bus
Parking Space Total	3

Building

Bathroom Total	3
Bedrooms Above Ground	4
Bedrooms Total	4
Age	100+ Years
Appliances	Dryer, Stove, Washer, Refrigerator
Basement Development	Unfinished
Basement Type	Full (unfinished)
Cooling Type	None
Exterior Finish	Brick
Flooring Type	Vinyl, Laminate
Foundation Type	Stone
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	Triplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Land Amenities	Public Transit, Hospital
Sewer	Sanitary Sewer
Size Depth	88 Ft ,7 In
Size Frontage	69 Ft ,8 In
Size Irregular	69.7 X 88.6 Ft
Size Total Text	69.7 X 88.6 Ft|under 1/2 Acre
Zoning Description	M2

Rooms

Level	Type	Length	Width	Dimensions
Main Level	Kitchen	3.3 m	2.65 m	3.3 m x 2.65 m
Main Level	Living Room	3.11 m	2.22 m	3.11 m x 2.22 m
Main Level	Bedroom	3.32 m	2.18 m	3.32 m x 2.18 m
Main Level	Kitchen	5.94 m	3.95 m	5.94 m x 3.95 m
Main Level	Den	2.67 m	1.58 m	2.67 m x 1.58 m
Main Level	Bedroom	3.56 m	3.11 m	3.56 m x 3.11 m
Upper Level	Kitchen	3.37 m	2.89 m	3.37 m x 2.89 m
Upper Level	Living Room	5 m	3.38 m	5 m x 3.38 m
Upper Level	Bedroom	4.14 m	2.8 m	4.14 m x 2.8 m
Upper Level	Bedroom	2.83 m	2.15 m	2.83 m x 2.15 m

https://www.realtor.ca/real-estate/30136517/116-albert-street-s-orillia-orillia