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MLS® S13739074
Orillia, ON
Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.
Inclusions
3 Stoves, 3 Fridges. 3 Washers, 3 Dryers
Broker
CASMIR REALTY
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Triplex
199 Nottawasaga Street Orillia
Orillia
Type
Triplex
Basement
Other
Parking
None (5)
Property Tax
~$5,853/yr
Heating
Radiant
Buying Essentials
Square Feet
2250 sqft
Facing Direction
North
Parking
None (5)
Finances
List Price
$950,000
Price per SQFT
$422/sqft
Property Tax
~$5,853/yr
Property Specs
Property Type
Triplex
MLS Size
2250 sqft
Basement
Other
Living & Amenities
Heating Type
Radiant
Features
Other
Policies & Utilities
Neighbourhood
Orillia
Listed On
Sep 2, 2026
Days on Market
Current: 66 days
Laminate, Closet, Window
12.3 x 8.9
109 sqft
Laminate, Closet, Window
12.3 x 8.9
109 sqft
Laminate, Window
15.8 x 8.9
141 sqft
Ceramic Floor, Window, 4 Pc Bath
8.8 x 5.9
52 sqft
Laminate, Window
10.6 x 28.0
295 sqft
Laminate
15.9 x 5.8
92 sqft
Laminate, Window
7.3 x 25.5
185 sqft
Laminate, Window, Closet
12.3 x 9.6
118 sqft
Laminate, Window, Closet
11.2 x 16.0
179 sqft
Ceramic Floor, 4 Pc Bath
—
Laminate, Window
6.7 x 8.9
60 sqft
Ceramic Floor, Combined w/Living, W/O To Deck
10.8 x 10.1
108 sqft
Laminate, Window, Closet
8.3 x 9.3
78 sqft
Ceramic Floor, Window, 4 Pc Bath
5.3 x 8.5
45 sqft
Rooms
14
Listed Room Area
1,571 sqft
Source
Estimated from MLS room dimensions
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