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$950,000Asking Price

199 Nottawasaga Street, Orillia, ON L3V 3K2

Orillia, Orillia

Triplex
5
Bedrooms
3
Baths
5
Parking
Days on Market

Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.

Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.

  OPEN HOUSE

Key Info

  • 2.5-Storey Triplex
  • 4+ Parking
  • No Garage
  • Nottawasaga St/Cameron St
  • 2000-2500 Approximate Sq Feet
  • No Ensuite Laundry
  • Radiant Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $6,678 in 2026
  • Possession: TBA

Details

  • Brick Exterior
  • No Fireplace
  • 3 Kitchens
  •  
  • MLS #S13495022
  • CASMIR REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 6.69' x 8.89' Laminate, Window
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Upper

Who lives here?

Orillia, Orillia is a north GTA neighbourhood.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Orillia  (0.9)

Singles

50% of residents are
single and loving it.

50% singles

Orillia (50%)

Renters

39% of residents
are renters.

39% renters

Orillia (39%)

Education

20% of residents are
university grads.

20% university grads

Orillia (20%)

Income

Average Household Income

$85K

is the average household
income in the neighbourhood.

Orillia  ($85K)

Professions

Professions
Sales 20%
Trades 8%
Business 7%
Government 7%
Health 5%

Immigrants

9% of residents were
born outside of Canada.

9% immigrants

Orillia (9%)

Birthplace - All

UK was once home to 2.4% of immigrants.
Philippines 0.9%
India 0.7%
China 0.7%
Germany 0.4%

2.4% from UK
All-time

Birthplace - Recent

China was once home to 0.1% of immigrants.
India 0.1%

0.1% from China
Recent

Foreign Languages

Foreign Languages
French 1%
German 1%
Italian 1%
Tagalog 1%

Religions

Religions
Christian 66%
Muslim 1%
Sikh 1%