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Cross Streets: Laclie Street and North Street. ** Directions: North on Laclie St, Right on North St, Left on St.Jean St, Right on Landon St, Right on Kings Court, property on the left. Vacant triplex in the Heart of Orillia Steps to Couchiching Park! This is an incredible investment opportunity for a well-maintained triplex located near trails, walking distance from Couchiching Park, public transit, downtown shops, and golf courses, offering strong tenant appeal and income potential.
2 - 3 Bedroom Units with private decks, above grade with spacious layouts and a unpermitted 1 bedroom basement. All 3 units are vacant, ideal for owner-occupier. Set your rent, current average 3 bedroom rent in Orillia is $2,400/mth. Garage for additional storage or rental income potential. New fiberglass asphalt single roof - September 2025 with new soffit and fascia in 2024. Recent Updates to Unit 12 include: new electrical panel-2024, fresh paint throughout, new kitchen & 3rd bedroom flooring, new light fixtures & 1 ceiling fan, outlets and switches, upgraded bathroom vanity & toilet, new baseboards-2025, features a gas fireplace in the living room, rough in for in unit laundry and separate water, electrical and gas meters. Unit 10 and 10B share electrical, water & gas meters. Shared laundry in basement. This property is a legal duplex with current use as a triplex. The process has been started with The City of Orillia to qualify as a legal triplex, including completed plans and upgraded electrical panel. Separate entrances for each unit, with excellent upside for investors or multi-generational living. Vacant units give the flexibility to set your own rents or live in one while renting the others. Approx. 90 minutes to Toronto, Orillia continues to grow as a vibrant lakeside community with expanding infrastructure and amenities. Don't miss this rare opportunity to own a cash-flow-ready triplex in one of Orillia's most desirable locations! (id:27476)
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Updated November 9th 2025 1:51 pm
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