$599,000Asking Price
Opportunity meets versatility in Orillia's highly sought-after North Ward. This legal duplex presents an exceptional investment opportunity while offering the flexibility to suit owner-occupants and multi-generational families alike. With two self-contained units, it's ideal for generating rental income and offsetting your mortgage. The vacant upper unit is move-in ready and features three bedrooms, a 4-piece bathroom, and a spacious kitchen with French doors leading to an oversized backyard. Set on a generous 60 x 151ft lot and surrounded by mature trees, the outdoor space offers privacy and plenty of room for summer BBQs, gardening, or relaxing with family and friends. The legal lower-level studio apartment is currently tenanted with an excellent long-term tenant, providing immediate rental income, and offers a bright kitchen, generous living space, a spacious bathroom, and it's own private entrance and dedicated laundry - comfort, convenience, and independence for both occupants. Complete with a detached garage and ideally located just minutes from parks, schools, shopping, and Orillia's vibrant waterfront, this is a rare opportunity to own a flexible, income-producing property in one of the city's most desirable neighborhoods.
Opportunity meets versatility in Orillia's highly sought-after North Ward. This legal duplex presents an exceptional investment opportunity while offering the flexibility to suit owner-occupants and multi-generational families alike. With two self-contained units, it's ideal for generating rental income and offsetting your mortgage. The vacant upper unit is move-in ready and features three bedrooms, a 4-piece bathroom, and a spacious kitchen with French doors leading to an oversized backyard. Set on a generous 60 x 151ft lot and surrounded by mature trees, the outdoor space offers privacy and plenty of room for summer BBQs, gardening, or relaxing with family and friends. The legal lower-level studio apartment is currently tenanted with an excellent long-term tenant, providing immediate rental income, and offers a bright kitchen, generous living space, a spacious bathroom, and it's own private entrance and dedicated laundry - comfort, convenience, and independence for both occupants. Complete with a detached garage and ideally located just minutes from parks, schools, shopping, and Orillia's vibrant waterfront, this is a rare opportunity to own a flexible, income-producing property in one of the city's most desirable neighborhoods.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 10.99' x 13.39' | French Doors, Walkout To Deck, Eat-in Kitchen |
| 2 | Other | Lower | 38.58' x 10.79' | Open Concept, Gas Fireplace |
| 3 | Kitchen | Lower | 14.07' x 10.79' | Open Concept, Breakfast Bar |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 3-Piece Bathroom on Lower | ||||
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Orillia, Orillia is a north GTA neighbourhood.
Kids Per Family
0.9
kids per family
in the neighbourhood.
50%
of residents are
single and loving it.
50% singles
Orillia (50%)
39%
of residents
are renters.
39% renters
Orillia (39%)
20%
of residents are
university grads.
20% university grads
Orillia (20%)Average Household Income
$85K
is the average household
income in the neighbourhood.
Professions
| Sales | 20% |
| Trades | 8% |
| Business | 7% |
| Government | 7% |
| Health | 5% |
9%
of residents were
born outside of Canada.
9% immigrants
Orillia (9%)2.4% from UK
All-time
0.1% from China
Recent
Foreign Languages
| French | 1% |
| German | 1% |
| Italian | 1% |
| Tagalog | 1% |
Religions
| Christian | 66% |
| Muslim | 1% |
| Sikh | 1% |