About this property

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.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	S13464316
Status	Active
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	2,500 sq ft
Beds / Baths	10 bed · 9 bath
Neighbourhood	Orillia
City	Orillia
Postal Code	L3V 2S1
Province	ON
Listed Date	June 18, 2026
Days on Market	49
Price per Sq Ft	$439
Brokerage	RE/MAX HALLMARK CHAY REALTY