For Sale - 19 South Street, Orillia, Ontario

Est payment $4,213/mo
Views   1
Time on Jump  13 day
  • Income-producing triplex in a desirable Orillia neighborhood.
  • Three self-contained one-bedroom units with recent updates and vacant units for rent.
  • Approved plans for a fourth unit already in progress to boost revenue.
  • On-site parking and separate entrances for each unit enhance tenant appeal.
  • Close to transit, hospital, retail, and parks, ensuring strong rental demand.



Well-positioned income-producing asset located in a desirable orillia neighbourhood. This legal triplex offers stable cash flow with value-add potential, including approved plans for a fourth residential unit with construction already initiated. The property comprises three self-contained one-bedroom units. Two upper-level units are vacant, recently updated with fresh paint, new flooring, and modernized bathrooms, providing immediate opportunity to establish market rents or accommodate owner occupancy. The main-floor unit is currently leased to a long-term tenant at market rent. A substantial storage area is fully roughed-in and designed for conversion to a fourth unit (refer to attached plans), enhancing future revenue potential. A dedicated utility room supports efficient building operations. Additional features include three separate hydro meters, private unit entrances, on-site parking for each unit, updated vinyl windows, and an ancillary outbuilding suitable for storage or potential future use. The property benefits from strong locational fundamentals with proximity to transit, hospital, retail, and parks, supporting consistent rental demand. An attractive opportunity for investors seeking a scalable multi-residential asset with both immediate income and clear upside in a high-demand rental market.
Listing IDS12721580
Address19 South Street
CityOrillia, Ontario
Price$849,900
Bed / Bath3 / 3 Full
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentCommunity Features Major Highway, Public TransitHeating / Cooling Baseboard
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Listing Agency:  CENTURY 21 B.J. ROTH REALTY LTD.
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19 South Street
Orillia , Ontario
3 3 $849,900
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