$2,299,000Asking Price
82 Fittons Road E, Orillia, ON L3V 2J5
Orillia, Orillia
Turn-key investment property! Excellently maintained, purpose built, legal 8 unit apartment building. Located in northern Orillia in a quiet, well established neighborhood close to all amenities. Built in 2016 this 8-plex has 7, 2 bedroom units and 1, 1 bedroom units. Strong rents which are mostly close to market value this property is approximately a 5.31% return on cash investment. Very little maintenance required, generally fairly hands off property. All tenants pay their own utilities. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 9 parking spots and 1 handicapped parking spot. Do not go direct or bother tenants. Financials available upon inquiry. Buyer or their agent to verify that financials provided are true and accurate.
Turn-key investment property! Excellently maintained, purpose built, legal 8 unit apartment building. Located in northern Orillia in a quiet, well established neighborhood close to all amenities. Built in 2016 this 8-plex has 7, 2 bedroom units and 1, 1 bedroom units. Strong rents which are mostly close to market value this property is approximately a 5.31% return on cash investment. Very little maintenance required, generally fairly hands off property. All tenants pay their own utilities. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 9 parking spots and 1 handicapped parking spot. Do not go direct or bother tenants. Financials available upon inquiry. Buyer or their agent to verify that financials provided are true and accurate.
See MoreKey Info
- 2.5-Storey Multiplex
- 4+ Parking
- No Garage
- Fittons Rd E & Laclie St
- 3500-5000 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $15,100 in 2025
- Possession: Tenanted
Details
- No Fireplace
- 8 Kitchens
- Designation: Other
- MLS #S12323957
- ED LOWE LIMITED
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 8 3-Piece Bathrooms | |||
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Who lives here?
Orillia, Orillia is a north GTA neighbourhood.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
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.
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
2.4% from UK
All-time
Birthplace - Recent
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% |
