$649,000

116 Albert Street S, Orillia, ON L3V 5L2

OrilliaOrilliaTriplex

4 beds3 baths3 parking 1500-2000 ft²

Key facts

MLS®
S13657948
Status
New
Type
Triplex
Taxes
$3,326
Size
1500-2000 ft²
Parking
3 total
Listed
2026-08-10
Brokerage
FARIS TEAM REAL ESTATE BROKERAGE
Cross street
Barrie Rd/Albert St S

Description

Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home.

IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.