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$699,900Asking Price

90 Coldwater Road W, Orillia, ON L3V 5L5

Orillia, Orillia

Duplex
5 + 1
Bedrooms
3
Baths
4
Parking
Day on Market

Income! Income! Income! Legal Duplex - Vacant & Ready to Go! Attention investors and first-time buyers! Here's your chance to own a beautifully renovated legal duplex, completely gutted and rebuilt from the inside out. This impressive property spans two and a half stories and offers incredible flexibility-live in one unit while the other helps pay the mortgage, or lease out both for a strong investment return.Each unit features 3 spacious bedrooms, with the lower level easily convertible into an in-law suite for even more versatility. The home is fully equipped with three separate 100-amp electrical meters-one for each floor.Located in the heart of Orillia, this property sits across from beautiful Victoria Park, with public transportation right at your doorstep. Enjoy the best of city living with restaurants, grocery stores, pharmacy, hospital, library, beach, and waterfront all within walking distance. The area is known for its vibrant community, hosting festivals, local events, and markets throughout the year both downtown and along the waterfront.Relax on the second-floor deck or take comfort knowing the entire home has been rebuilt to meet the newest fire codes, including fire-rated plumbing.Upgrades include:Brand new furnace (2025)Nearly all new windows (2025) except for the charming stained-glass features Roof (approx. 2018)Don't miss this spectacular investment opportunity in a prime central location-a perfect blend of modern updates, income potential, and timeless character!

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Tour this home:

Income! Income! Income! Legal Duplex - Vacant & Ready to Go! Attention investors and first-time buyers! Here's your chance to own a beautifully renovated legal duplex, completely gutted and rebuilt from the inside out. This impressive property spans two and a half stories and offers incredible flexibility-live in one unit while the other helps pay the mortgage, or lease out both for a strong investment return.Each unit features 3 spacious bedrooms, with the lower level easily convertible into an in-law suite for even more versatility. The home is fully equipped with three separate 100-amp electrical meters-one for each floor.Located in the heart of Orillia, this property sits across from beautiful Victoria Park, with public transportation right at your doorstep. Enjoy the best of city living with restaurants, grocery stores, pharmacy, hospital, library, beach, and waterfront all within walking distance. The area is known for its vibrant community, hosting festivals, local events, and markets throughout the year both downtown and along the waterfront.Relax on the second-floor deck or take comfort knowing the entire home has been rebuilt to meet the newest fire codes, including fire-rated plumbing.Upgrades include:Brand new furnace (2025)Nearly all new windows (2025) except for the charming stained-glass features Roof (approx. 2018)Don't miss this spectacular investment opportunity in a prime central location-a perfect blend of modern updates, income potential, and timeless character!

Key Info

  • 2.5-Storey Duplex
  • 4 Parking
  • No Garage
  • Coldwater Rd W and Patrick St
  • 1500-2000 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • No A/C

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $3,538 in 2025
  • Possession: TBA

Details

  • Brick Exterior
  • No Fireplace
  • 3 + 1 Kitchens
  •  
  • MLS #S12487850
  • INTERCITY REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Lower 12.99' x 4.99' Vinyl Floor
2 Kitchen Main 11.58' x 9.97' Vinyl Floor
Washroom1 3-Piece Bathroom
Washroom1 4-Piece Bathroom on Ground Floor
Washroom1 4-Piece Bathroom

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%