view of front of house with brick siding, board and batten siding, and covered porch Features: downspout, brick siding, board batten siding, gutters, fence, satellite dish, vertical siding, porch More Photos

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    For Sale - 66 Nottawasaga Street, Orillia, Ontario

    Est payment $4,317/mo
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    Time on Jump  1 days

    AI Summary *

    • Turn-key solid-brick fourplex with proven cash flow and high CAP rate.
    • Zero vacancy history ensures a steady income stream.
    • Recent upgrades provide modern finishes and great tenant retention.
    • Conveniently located near downtown Orillia's amenities and waterfront.
    • Includes four updated units with private entrances and ample parking.




    Why renovate an underperforming asset when you can step into a proven performer? This fully legal, solid-brick fourplex delivers 7. 3% cap, immediate cashflow, and long-term stability in the heart of orillia one of ontario's fastest-growing and most consistently sought-after real estate markets. With zero vacancy history and tenants who love the quality finishes, leasing is effortless. Over $100,000 has been invested in upgrades to ensure this is a truly turn-key asset: new concrete collar (2022), freshly paved asphalt parking (2023), main-floor ac units (2023), a new roof (2019), high-efficiency furnaces (2020), new decks (both front and back), upper-level siding (2022), new storage shed (2022), attic insulation (2020), roof & eaves heating lines to prevent icicles (2021). The property features four updated one-bedroom units with private entrances, five separate hydro meters, shared basement laundry, and a four-car parking lot. Tenants appreciate the thoughtful design and modern finishes, ensuring strong retention and consistent returns. Located within walking distance of downtown orillia's restaurants, shops, library, lakehead university, waterfront trails, and boardwalk, this location continues to drive enduring tenant demand. A rare chance to own a meticulously upgraded, fully compliant, and consistently occupied fourplex that delivers dependable income from day one.
    Listing IDS12938618
    Address66 Nottawasaga Street
    CityOrillia, Ontario
    Price$899,000
    Bed / Bath4 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Accessory Apartment, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater OwnedOutdoor Features Deck, Patio, Landscaped, PorchAmenities Arts Centre, Park, Place Of Worship, Public TransitOwnership FreeholdBasement Unfinished, FullFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  Real Broker Ontario 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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    66 Nottawasaga Street
    Orillia , Ontario
    4 4 $899,000
    Get more info