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    For Sale - 371 Barrie Road, Orillia, Ontario

    Est payment $5,272/mo
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    Views   3
    Time on Jump  127 day

    AI Summary *

    • Modern legal duplex built in 2018, perfect for investors.
    • Turnkey property sold as a corporation for tax savings.
    • Eight bedrooms, each with private bathrooms for tenants' comfort.
    • Spacious common living areas and well-equipped kitchens.
    • Self-contained lower level features a full two-bedroom apartment.




    Investor alert! Save on taxes. Vtb available (to qualified buyers) seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 barrie street, orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
    Listing IDS13464316
    Address371 Barrie Road
    CityOrillia, Ontario
    Price$1,098,000
    Bed / Bath10 / 9 Full
    Style2-Storey, Duplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype DuplexIndoor Features NoneOwnership FreeholdBasement Full, Walk-UpFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: RE/MAX HALLMARK CHAY REALTY

    * 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.

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    371 Barrie Road
    Orillia , Ontario
    10 9 $1,098,000
    Get more info