About this property

Looking for a turn key investment that was newly renovated just 2 years ago? This is an exceptional purpose built 5-plex with very low maintenance costs (only 22 years old), featuring four 2-bedrooms units and 1 studio unit, all with 1 kitchen and 1 full bathroom. Occupied with triple A tenants, this property yields very strong cash flow ($94,140), resulting in an excellent cap rate. All units were renovated with commercial grade flooring (2023), new kitchens (2023) and bathrooms (2023). An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants (2023), and low operating costs ($17,653). Baseboard heating in bedrooms & heat/air conditioner unit in the living rooms. Located right across the street from the lake, and conveniently located just minutes from Hwy 12 and downtown Orillia, this is an opportunity to buy and benefit from the revitalization of Orillia. This property is zoned C4i, which offers a ton of potential uses for a savy investor.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	S12781426
Status	Sold
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	2,500 sq ft
Beds / Baths	9 bed · 5 bath
City	Orillia
Postal Code	L3V 3Y2
Province	ON
Listed Date	February 11, 2026
Brokerage	RIGHT AT HOME REALTY