
Orillia, ON L3V 5L5
Opportunity Knocks - Legal Duplex in the Heart of Orillia! Attention investors and first-time buyers - this fully renovated legal duplex is vacant, move-in ready, and packed with income potential. Rebuilt from the studs in, this 2.5-storey property features two legal self-contained units, each offering 3 spacious bedrooms. The lower level adds even more flexibility, with potential for an in-law or auxiliary suite. Three separate 100-amp electrical meters - one for each floor - make the home especially well suited for multi-unit living or leasing. Enjoy peace of mind knowing the home has been rebuilt to meet current fire code standards and includes commercial-rated plumbing. Thoughtfully updated while preserving its original charm, the property blends modern function with timeless character. Ideally located across from Victoria Park in central Orillia, with public transit at your doorstep and excellent walkability. You're minutes from Orillia Soldiers' Memorial Hospital, the Orillia Opera House, Couchiching Beach Park, shoreline trails, schools, shopping, dining, the recreation centre, and the iconic Mariposa Market. Recent upgrades include: Brand new furnace (2025) Nearly all new windows (2025), excluding original stained-glass features Roof approximately 2018 Second-floor deck for relaxing or entertaining Whether you live in one unit and rent the other, or add this turnkey property to your investment portfolio, this is a rare opportunity in a prime central location. Modern updates, strong income potential, and unbeatable walkability - don't miss it.
TRREB MLS® Attribution
MLS® S13160134
Listed by INTERCITY REALTY INC.
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.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$3,071
/month · $503,200 mortgage
Amortization
Total Interest
$418,247
Total Cost
$921,447
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
INTERCITY REALTY INC.