371 Barrie Road

Multi-family for sale in Orillia — $1,098,000

Key facts

• Type: Multi-family
• Price: $1,098,000
• Bedrooms: 10
• Bathrooms: 9
• City: Orillia
• MLS® number: S13464316
• Agent: Century 21
• Brokerage: Century 21 Canada

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.

See the original listing at Century 21

Homes for sale in Orillia · Multi-family for sale in Orillia