view of front of home Features: horizontal siding, concrete foundation, stoop More Photos

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    For Sale - 136 Barrie Road, Orillia, Ontario

    Est payment $2,401/mo
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    Time on Jump  27 day

    AI Summary *

    • Legal duplex with two 2-bedroom units, each having its own hydro meter.
    • Potential to create a third unit with municipal approval for added income.
    • Large double lot in a high-demand area near expanding rental complexes.
    • Current monthly income of $3,100 from long-term tenants.
    • Walking distance to hospital, cafes, restaurants, and shopping for tenant convenience.




    Check out this outstanding investment opportunity featuring zoning and permitted use information available in the documents section. This legal duplex offers two well-appointed 2-bedroom units, each with its own hydro meter, with potential to create a smaller third unit subject to municipal approval. The property sits on a large in-town double lot, providing excellent long-term development and income potential for savvy investors or developers. Located directly across from an expanding rental complex, this property is positioned in a high-demand area that supports continued rental growth. The existing income stream allows you to carry the property while the city approval process for future changes or improvements is underway, making it an ideal buy-now-and-hold investment. Current monthly income $3,100. 00, long term tenants. Conveniently situated in orillia, the property is within walking distance to the hospital, downtown core with its charming cafes, restaurants, banks, and shopping, as well as the recreation centre, all of which contribute to strong tenant appeal. As orillia continues to experience steady growth, this is a great opportunity to become part of the city's expanding real estate market. The buyer is responsible for all municipal processes and associated costs related to zoning verification, change of use, and permit approvals. This is a versatile property with significant potential for income generation, development, or long-term investment holding.
    Listing IDS12856768
    Address136 Barrie Road
    CityOrillia, Ontario
    Price$499,999
    Bed / Bath4 / 2 Full
    Style2-Storey, Duplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features Water Heater OwnedAmenities Beach, Golf, Hospital, Lake/Pond, Marina, LibraryOwnership FreeholdWaterfront NoneBasement Partial BasementFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  CENTURY 21 B.J. ROTH REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
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    136 Barrie Road
    Orillia , Ontario
    4 2 $499,999
    Get more info