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4 Beds
3 Baths

C$649,000

116 Albert Street S, Orillia ON, L3V 5L2

Property typeMulti-family

Overview

Active

New

Listed Aug 10, 2026

Updated Sep 3

Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home.

Additional information

MLS® ID
S13657948

Interior Features

Bedrooms
4
Bathrooms
3
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$3,326
Tax Frequency
Annually

 

Courtesy of Listed by , FARIS TEAM REAL ESTATE BROKERAGE,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 2:38 AM UTC, 9/3/2026

 

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