265 Barrie Road Orillia, Ontario L3V 2R4
$1,098,000
This charming 5-unit multiplex in the heart of Orillia is an excellent opportunity for a seasoned investor grow their portfolio or a new investor looking to purchase their first building to start their portfolio on the right foot w/a property that offers immediate income & long-term tenant potential. Set on a large lot w/a generous driveway that provides ample parking for all tenants, the building is already well established with tenants renting four of the units - a landlord dream to have steady returns & stability in long-standing tenants - while 1 vacant unit (as of Oct 2025) is currently listed for rent, allowing new ownership to set fresh market rates and choose their first tenant. Each spacious unit has 2 bedrooms and 1 4pc bathroom, and in-unit laundry. Comfortable layouts attract quality tenants and make them want to stay. The half-acre lot offers plenty of room for future expansion or the addition of new suites, maximizing value over time. Located in a desirable neighbourhood close to schools such as Harriett Todd Public School & Twin Lakes Secondary School, as well as the YMCA Childcare Centre, Orillia Recreation Centre, LifeLabs Medical Services, & many restaurants, this property delivers convenience for tenants & strong demand for the investor. Outdoor recreation is easily accessible w/Bass Lake & Lake Simcoe just a short drive away. Commuting is effortless thanks to quick access to the Trans-Canada Highway, connecting to Hwy 11 North & South. Considering the location, stability, & expansion potential, this property is a smart investment choice in the heart of Orillia. (id:50886)
Property Details
| MLS® Number | S12514850 |
| Property Type | Multi-family |
| Community Name | Orillia |
| Amenities Near By | Schools, Public Transit, Park, Place Of Worship |
| Equipment Type | Water Heater |
| Features | Wooded Area |
| Parking Space Total | 10 |
| Rental Equipment Type | Water Heater |
| Structure | Porch |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 10 |
| Bedrooms Total | 10 |
| Appliances | All |
| Basement Development | Unfinished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (unfinished), N/a |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Laminate, Vinyl, Tile |
| Foundation Type | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 3,500 - 5,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Schools, Public Transit, Park, Place Of Worship |
| Sewer | Sanitary Sewer |
| Size Depth | 247 Ft ,6 In |
| Size Frontage | 128 Ft |
| Size Irregular | 128 X 247.5 Ft |
| Size Total Text | 128 X 247.5 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 5.81 m | 4.03 m | 5.81 m x 4.03 m |
| Second Level | Kitchen | 6.18 m | 2.14 m | 6.18 m x 2.14 m |
| Second Level | Primary Bedroom | 3.4 m | 3.04 m | 3.4 m x 3.04 m |
| Second Level | Bedroom 2 | 3.4 m | 3.22 m | 3.4 m x 3.22 m |
| Second Level | Bathroom | 2.13 m | 1.49 m | 2.13 m x 1.49 m |
| Second Level | Living Room | 4.42 m | 3.96 m | 4.42 m x 3.96 m |
| Second Level | Kitchen | 3.67 m | 3.25 m | 3.67 m x 3.25 m |
| Second Level | Primary Bedroom | 4.37 m | 2.9 m | 4.37 m x 2.9 m |
| Second Level | Bedroom 2 | 3.33 m | 2.71 m | 3.33 m x 2.71 m |
| Second Level | Bathroom | 2.05 m | 1.5 m | 2.05 m x 1.5 m |
| Third Level | Living Room | 7.92 m | 4.15 m | 7.92 m x 4.15 m |
| Third Level | Kitchen | 7.9 m | 2.7 m | 7.9 m x 2.7 m |
| Third Level | Primary Bedroom | 4.47 m | 3.72 m | 4.47 m x 3.72 m |
| Third Level | Bedroom 2 | 3.69 m | 3.03 m | 3.69 m x 3.03 m |
| Third Level | Bathroom | 2.05 m | 1.51 m | 2.05 m x 1.51 m |
| Main Level | Living Room | 4.18 m | 4 m | 4.18 m x 4 m |
| Main Level | Bathroom | 2.07 m | 1.5 m | 2.07 m x 1.5 m |
| Main Level | Dining Room | 3.54 m | 1.51 m | 3.54 m x 1.51 m |
| Main Level | Kitchen | 6.28 m | 2.1 m | 6.28 m x 2.1 m |
| Main Level | Primary Bedroom | 3.39 m | 3.15 m | 3.39 m x 3.15 m |
| Main Level | Bedroom 2 | 3.36 m | 3.04 m | 3.36 m x 3.04 m |
| Main Level | Bathroom | 2.1 m | 1.49 m | 2.1 m x 1.49 m |
| Main Level | Living Room | 4.36 m | 4.12 m | 4.36 m x 4.12 m |
| Main Level | Kitchen | 4.02 m | 3.17 m | 4.02 m x 3.17 m |
| Main Level | Primary Bedroom | 4.42 m | 2.85 m | 4.42 m x 2.85 m |
| Main Level | Bedroom 2 | 3.33 m | 2.73 m | 3.33 m x 2.73 m |
https://www.realtor.ca/real-estate/29073117/265-barrie-road-orillia-orillia
Contact Us
Contact us for more information
Gus Skarlatakis
Broker of Record
www.crescentrealestate.ca/team/gus-skarlatakis
www.facebook.com/crescentRE/
www.linkedin.com/in/gus-skarlatakis-98220a16/
347 Jane St
Toronto, Ontario M6S 3Z3
(416) 889-0777
(416) 554-0777
www.crescentrealestate.ca
Shawn Lopes
Broker
crescentrealestate.ca/team/shawn-lopes/
instagram.com/_shawnlopes?igshid=1wsjkhc3s6m9x
www.linkedin.com/in/shawn-lopes/
347 Jane St
Toronto, Ontario M6S 3Z3
(416) 889-0777
(416) 554-0777
www.crescentrealestate.ca
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 05 2025 11:51:53
Toronto Regional Real Estate Board
Crescent Real Estate Inc.