snow covered back of property featuring an outdoor structure and a detached garage Features: outdoor structure, deck, detached garage More Photos

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    For Sale - 19 South Street, Orillia, Ontario

    Est payment $4,081/mo
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    Views   1
    Time on Jump  68 day

    AI Summary *

    • Well-maintained triplex with immediate rental income potential.
    • Two vacant one-bedroom units ready for occupancy or rental optimization.
    • Third unit occupied by reliable long-term tenant at market rent.
    • Potential for a fourth unit with approved construction plans underway.
    • Prime location near shopping, transit, hospital, and parks.




    Excellent investment opportunity in a highly sought-after orillia neighbourhood. This well-maintained legal triplex offers immediate rental income along with future upside, including approved plans for a fourth unit with construction already underway. The upper level features two large, bright one-bedroom units, each with independant laundry capability, freshly painted interiors, updated flooring, and modern bathrooms. Both are vacant and move-in ready, ideal for optimizing rental strategy or owner occupancy. The main floor includes a third one-bedroom unit, currently occupied by a reliable long-term tenant at market rent, as well as a large storage area that is roughed-in and presents clear potential for conversion into a fourth unit (see attached plans). A full utility room adds further functionality. Additional highlights include an outbuilding for storage or future use, three separate hydro meters, private entrances, dedicated parking for each unit, updated vinyl windows, and a prime location close to shopping, transit, the hospital, and parks. Whether expanding an existing portfolio or entering the investment market, this property represents a versatile, income-producing asset in a strong and stable rental area.
    Listing IDS12721560
    Address19 South Street
    CityOrillia, Ontario
    Price$849,900
    Bed / Bath3 / 3 Full
    Style2-Storey, Triplex
    ConstructionAluminum Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Separate Heating Controls, Separate Hydro Meter, Water Heater OwnedAmenities Golf, Park, Place Of Worship, School, Hospital, Public TransitOwnership FreeholdBasement NoneFoundation ConcreteHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 7.00
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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
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    19 South Street
    Orillia , Ontario
    3 3 $849,900
    Get more info