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MLS® S13464316
Orillia, ON
Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
Exclusions
All Tenants belongings
Broker
RE/MAX HALLMARK CHAY REALTY
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Duplex
371 Barrie Road Orillia
Orillia
Built
6-15
Type
Duplex
Basement
Full, Walk-Up
Parking
None (5)
Property Tax
~$7,408/yr
Heating
Forced Air
Buying Essentials
Square Feet
2750 sqft
Facing Direction
South
Parking
None (5)
Finances
List Price
$1,098,000
Price per SQFT
$399/sqft
Property Tax
~$7,408/yr
Property Specs
Property Type
Duplex
MLS Size
2750 sqft
Age of Building
6-15
Basement
Full, Walk-Up
Living & Amenities
Heating Type
Forced Air
Features
None
Policies & Utilities
Neighbourhood
Orillia
Listed On
Jun 18, 2026
Days on Market
Current: 142 days
14.8 x 12.8
190 sqft
12.8 x 10.8
138 sqft
3 Pc Ensuite
12.1 x 9.9
120 sqft
3 Pc Ensuite
11.8 x 10.0
118 sqft
3 Pc Ensuite
11.9 x 9.9
118 sqft
3 Pc Ensuite
11.8 x 10.1
120 sqft
16.1 x 12.8
206 sqft
12.8 x 9.5
122 sqft
3 Pc Bath
11.7 x 9.9
116 sqft
3 Pc Ensuite
11.8 x 10.5
125 sqft
3 Pc Ensuite
11.8 x 10.1
120 sqft
W/O To Yard
24.3 x 16.1
391 sqft
11.9 x 11.3
135 sqft
3 Pc Ensuite, Walk-In Closet(s)
14.9 x 12.7
189 sqft
14.3 x 11.3
161 sqft
12.8 x 9.4
120 sqft
14.3 x 11.3
161 sqft
3 Pc Ensuite
12.1 x 9.9
120 sqft
2 Pc Bath
12.1 x 9.9
120 sqft
3 Pc Bath
12.1 x 9.9
120 sqft
Rooms
20
Listed Room Area
3,010 sqft
Source
Estimated from MLS room dimensions
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