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16 Albert Street

Orillia, ON L3V 5K1

ActiveFor Sale
6 Beds
1 Baths
2,296 Sq Ft
Commercial
Virtual Tour Available

About This Property

Turnkey Duplex Investment Opportunity Offering Two Fully Renovated Units With Extensive Upgrades & Strong Income Potential. This Property Features Six Total Bedrooms Across Two Spacious Three-Bedroom Units-Ideal For Investors, Multi-Generational Living, Or An Owner-Occupied Income Property. Main Floor Unit Was Fully Renovated In February 2026 & Features Wide-Plank Luxury Vinyl Flooring, Ceramic Tile, A Brand-New Kitchen With Updated Cabinetry & Counters, & A New Bathroom. Includes Stainless Steel Fridge & Stove Plus In-Suite Washer & Dryer. Upper Level Unit Was Fully Renovated In September 2025 With Wide-Plank Luxury Vinyl Flooring, A New Kitchen, & An Updated Bathroom. Includes Stainless Steel Fridge, White Stove, & A Dedicated Oversized Laundry Room With Washer & Dryer On The Same Level. Forced-Air Heating Throughout With Supplemental Electric Baseboard Heaters In Bedrooms & Bathroom.Major Capital Upgrades Include New Siding & Windows (Dec 2025), Updated Wall Insulation During Renovations, New Furnace & A/C (2023), Updated Electrical Wiring & Breakers, New Garage Door & High-Power Silent Opener, Plus A Fully Fenced Backyard & Powered Garage.Excellent Location Steps To Downtown Orillia Shops & Restaurants, Under 3 Minutes To Soldiers' Memorial Hospital, & Less Than 10 Minutes To Hwy 11 & Major Shopping.A Fully Upgraded Duplex In A Revitalizing Neighbourhood-An Exceptional Opportunity For Investors Seeking Long-Term Value & Income Potential.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size2,296 sq ft
Bedrooms6
Bathrooms1
Postal CodeL3V 5K1
Last UpdatedAug 8, 2026 · 6:30 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® S13229820

Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$575,000

asking price

MLS®S13229820
TypeCommercial
CityOrillia
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,808

/month · $460,000 mortgage

Down Payment20% — $115,000
Interest Rate5.5%

Amortization

Total Interest

$382,340

Total Cost

$842,340

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX HALLMARK YORK GROUP REALTY LTD.