66 Nottawasaga Street Orillia, Ontario L3V 3J4
$949,900
Why renovate an underperforming asset when you can step into a proven performer? This fully legal, solid-brick fourplex delivers 6.8% CAP, immediate cashflow, and long-term stability in the heart of Orillia one of Ontario's fastest-growing and most consistently sought-after real estate markets. With ZERO vacancy history and tenants who love the quality finishes, leasing is effortless. Over $100,000 has been invested in upgrades to ensure this is a truly turn-key asset: new concrete collar (2022), freshly paved asphalt parking (2023), main-floor AC units (2023), A new roof (2019), high-efficiency furnaces (2020), new decks (both front and back), upper-level siding (2022), new storage shed (2022), attic insulation (2020), roof & eaves heating lines to prevent icicles (2021) and all systems brought up to code. A recent fire & building inspection (Jan 2025) confirm full compliance offering peace of mind for any investor. The property features four updated one-bedroom units with private entrances, five separate hydro meters, shared basement laundry, and a four-car parking lot. Tenants appreciate the thoughtful design and modern finishes, ensuring strong retention and consistent returns. Located within walking distance of downtown Orillia's restaurants, shops, library, Lakehead University, waterfront trails, and boardwalk, this location continues to drive enduring tenant demand. A rare chance to own a meticulously upgraded, fully compliant, and consistently occupied fourplex that delivers dependable income from day one. (id:50886)
Property Details
| MLS® Number | S12347193 |
| Property Type | Multi-family |
| Community Name | Orillia |
| Amenities Near By | Park, Place Of Worship, Public Transit |
| Parking Space Total | 4 |
| Structure | Deck, Patio(s), Porch |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Park, Place Of Worship, Public Transit |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 130 Ft |
| Size Frontage | 35 Ft |
| Size Irregular | 35 X 130 Ft |
| Size Total Text | 35 X 130 Ft |
| Zoning Description | Fourplex |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28738991/66-nottawasaga-street-orillia-orillia
Contact Us
Contact us for more information
Lorraine Jordan
Salesperson
www.teamjordan.ca/
www.facebook.com/pages/Team-Jordan-of-Royal-LePage-In-Touch-Realty-Inc/145141359686
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372 King St.
Midland, Ontario L4R 3M8
(705) 526-9770
kwcoelevation.ca/
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August 28 2025 05:50:20
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