$1,098,000
371 Barrie Road, Orillia, ON L3V 2S1
10 beds9 baths5 parking 2500-3000 ft²
Key facts
- MLS®
- S13464316
- Status
- New
- Type
- Duplex
- Taxes
- $7,408
- Size
- 2500-3000 ft²
- Parking
- 5 total
- Listed
- 2026-06-18
- Brokerage
- RE/MAX HALLMARK CHAY REALTY
- Cross street
- Hwy 12 & Mississauga St W
Description
Investor Alert! 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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.