136 Barrie RD, Orillia, ON L3V 2R1
136 Barrie RD, Orillia, ON L3V 2R1
136 Barrie RD, Orillia, ON L3V 2R1
136 Barrie RD, Orillia, ON L3V 2R1
136 Barrie RD, Orillia, ON L3V 2R1
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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
$ 499,999
Est. payment | /mo

4 Beds

2 Baths

Save
$ 499,999
Est. payment | /mo
Save

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Orillia

MLS Listing ID S12856768

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,779

Tax Year 2025

Property Sub-Type Duplex

Property Description

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.

Location

Province ON

County Simcoe

Area Simcoe

Zoning R2

Rooms

Family Room No

Basement Partial Basement

Kitchen 2

Interior

Interior Features Water Heater Owned

Cooling None

Inclusions Hot Water Tank, Owned, 2 stoves and 2 refrigerators.

Exterior

Parking Features Private Double

Pool None

Roof Type Asphalt Shingle

Lot Frontage 110.0

Lot Depth 117.95

Total Parking Spaces 4

Building

Building Age 100+

Foundation Block

Others

Senior Community No

ParcelsYN No

Listed by CENTURY 21 B.J. ROTH REALTY LTD.

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136 Barrie RD