Orillia · Detached
Last updated by the listing brokerage Oct 3, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2025 | $5,049 | — | MLS® listing |
Annual taxes as reported on this MLS® listing. Confirm current taxes with the municipality.
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Sign in to view historyA rare opportunity to own a legal, income-producing triplex in the heart of Orillia. Set on a generous lot with ample surface parking, this property offers self-contained units, each with its own entrance, kitchen, and bathroom, plus shared coin laundry for added convenience and revenue. The unit mix includes two 2-bedroom units, one 1-bedroom unit, and a finished basement. Two of the units are occupied month to month, providing immediate cash flow, while one unit sits vacant, giving a new owner full control to set market rents from day one. For first-time buyers or owner-occupants, the layout also allows you to live in one unit while tenant income from the others helps offset your own housing costs.The location works hard for both tenants and owners, with downtown shopping, schools, the hospital, parks, and quick highway access all just steps away. Big-ticket maintenance is already handled too, with a new roof installed in 2024. The property is being sold move-in ready, with all three stoves, three fridges, washer, dryer, and light fixtures included.Whether you're an investor looking or a buyer wanting to offset your mortgage with rental income, this triplex offers flexibility and long-term value in one of Orillia's most convenient locations. Book your showing today - opportunities like this don't sit long.
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Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
About how much cash you’ll need on closing day, besides the mortgage.
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Orillia has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
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Orillia, Orillia
S14129834, FARIS TEAM REAL ESTATE BROKERAGE
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