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Fourplex for sale: 416 GILL STREET, Orillia
416 Gill Street
$1,299,000
Orillia , Ontario L3V4K6
8 bed
4 bath
About the Property

Cross Streets: Highway 12 and Gill. ** Directions: Highway 12 to north on Gill Street. 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. (id:27476)

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Property Details
MLS® Number
S12555286
Type
Multi-family
Community Name
Orillia
Land Size
74.8 x 197.4 FT
Parking Space Total
8
Building
Building Type
Fourplex
Storeys
1
Square Footage
3500 - 5000 sqft
Bathrooms Total
4
Bedrooms Above Ground
8
Bedrooms Total
8
Amenities
Separate Heating Controls
Exterior Finish
Brick
Fireplace Present
No
Basement Type
N/A
Basement Features
Apartment in basement
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None
Utilities
Water
Municipal water
Power
Generator
Utility Sewer
Sanitary sewer
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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$1,299,000 - 416 GILL STREET, Orillia Ontario L3V 4K6, Canada | Real Estate For Sale | HomeAds.ca

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Updated March 7th 2026 7:58 am

Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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