Homes for sale - 12 King's CT, Orillia, ON L3V 6S4

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Mike Taylor

mike@ninemilerealty.ca +1(705) 985-1110

$ 679,000

Est. payment | -/mo

7 Beds

3 Baths

Save

$ 679,000

Est. payment | -/mo

Save

7 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Orillia

MLS Listing ID S12297601

Style 2-Storey

Bedrooms 7

Annual Tax Amount $5,499

Tax Year 2024

Property Sub-Type Triplex

Property Description

Triplex in the Heart of Orillia Steps to Couchiching Park! This is an incredible investment opportunity for a well-maintained triplex located near trails, walking distance from Couchiching Park, public transit, downtown shops, and golf courses, offering strong tenant appeal and income potential. 2 - 3 Bedroom Units with private decks, above grade with spacious layouts, 2 units ready for immediate occupancy or ideal for owner-occupier (2nd 3 bedroom unit have been served eviction notice). Set your rent, current average 3 bedroom rent in Orillia is $2,400/mth. Garage for additional storage or rental income potential. New fiberglass asphalt single roof - September 2025 with new soffit and fascia in 2024. Recent Updates to Unit 12 include: new electrical panel-2024, fresh paint throughout, new kitchen & 3rd bedroom flooring, new light fixtures & 1 ceiling fan, outlets and switches, upgraded bathroom vanity & toilet, new baseboards-2025, features a gas fireplace in the living room, rough in for in unit laundry and separate water, electrical and gas meters. Unit 10 and 10B share electrical, water & gas meters. Shared laundry in basement. This property is a legal duplex with current use as a triplex. The process has been started with The City of Orillia to qualify as a legal triplex, including completed plans and upgraded electrical panel. Separate entrances for each unit, with excellent upside for investors or multi-generational living. Vacant units give the flexibility to set your own rents or live in one while renting the others. Approx. 90 minutes to Toronto, Orillia continues to grow as a vibrant lakeside community with expanding infrastructure and amenities. Don't miss this rare opportunity to own a cash-flow-ready triplex in one of Orillia's most desirable locations!

Location

Province ON

County Simcoe

Community Orillia

Area Simcoe

Rooms

Family Room No

Basement Full

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Storage, Sump Pump, Water Meter

Cooling None

Fireplaces Type Natural Gas, Living Room

Fireplace Yes

Heat Source Electric

Exterior

Exterior Feature Deck

Garage Spaces 1.5

Pool None

Roof Type Fibreglass Shingle

Lot Frontage 65.0

Lot Depth 98.6

Total Parking Spaces 5

Building

Building Age 31-50

Foundation Concrete Block

Others

ParcelsYN Yes

Listed by Century 21 B.J. Roth Realty Ltd.

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

12 King's CT Orillia, ON L3V 6S4