371 BARRIE ROAD, Orillia, ON L3V2S1
371 BARRIE ROAD, Orillia, ON L3V2S1
371 BARRIE ROAD, Orillia, ON L3V2S1
371 BARRIE ROAD, Orillia, ON L3V2S1
371 BARRIE ROAD, Orillia, ON L3V2S1
371 BARRIE ROAD, Orillia, ON L3V2S1
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Mark Weiland

Mark Weiland

+1(705) 805-0888
$ 1,098,000
Est. payment | /mo

10 Beds

9 Baths

2,500 SqFt

Save Virtual Tour
$ 1,098,000
Est. payment | /mo
Save Virtual Tour

10 Beds

9 Baths

2,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500 - 3000

Square Footage 2,500 sqft

Price per Sqft $439

Subdivision Orillia

MLS® Listing ID S13464316

Bedrooms 10

Half Baths 1

Property Description

Investor Alert! Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy and high-density living, this is a cornerstone asset for any portfolio. Full financials are available upon request for serious inquiries. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 3.61 m X 3.09 m Bedroom 3

Extra Room 2 Second level 4.35 m X 3.44 m Bedroom 4

Extra Room 3 Second level 3.69 m X 3.01 m Bathroom

Extra Room 4 Second level 4.9 m X 3.91 m Living room

Extra Room 5 Second level 3.9 m X 2.9 m Kitchen

Extra Room 6 Second level 3.58 m X 3.01 m Primary Bedroom

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage No

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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Listed by RE/MAX HALLMARK CHAY REALTY
Mark Weiland

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(705) 805-0888

1markweiland@gmail.com

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371 BARRIE ROAD