| Check out this outstanding investment opportunity featuring zoning and permitted use information available in the documents section. This legal duplex offers two well-appointed 2-bedroom units, each with its own hydro meter, with potential to create a smaller third unit subject to municipal approval. The property sits on a large in-town double lot, providing excellent long-term development and income potential for savvy investors or developers. Located directly across from an expanding rental complex, this property is positioned in a high-demand area that supports continued rental growth. The existing income stream allows you to carry the property while the City approval process for future changes or improvements is underway, making it an ideal buy-now-and-hold investment. Current monthly income $3,100.00, long term Tenants. Conveniently situated in Orillia, the property is within walking distance to the hospital, downtown core with its charming cafes, restaurants, banks, and shopping, as well as the recreation centre, all of which contribute to strong tenant appeal. As Orillia continues to experience steady growth, this is a great opportunity to become part of the city's expanding real estate market. The buyer is responsible for all municipal processes and associated costs related to zoning verification, change of use, and permit approvals. This is a versatile property with significant potential for income generation, development, or long-term investment holding. |
| Price | $499,999 |
| Taxes: | $3779.37 |
| Occupancy: | Tenant |
| Address: | 136 Barrie Road , Orillia, L3V 2R1, Simcoe |
| Acreage: | < .50 |
| Directions/Cross Streets: | Dunlop Street |
| Rooms: | 8 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Partial Base |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bathroom | 3.61 | 3.61 | 4 Pc Bath |
| Room 2 | Second | Bathroom | 3.61 | 3.61 | 4 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Duplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private Do |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private Do |
| Park #2 | |
| Parking Type: | Private Do |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1100-1500 |
| Property Features: | Beach, Golf |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 B.J. ROTH REALTY LTD. |
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| Book Showing | Email a Friend |
| Type: | Freehold - Duplex |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $3,779.37 |
| Beds: | 4 |
| Baths: | 2 |
| Fireplace: | N |
| Pool: | None |