ON > Simcoe > Orillia
Simcoe, ON L3V 2R4,265 Barrie RD
Simcoe, ON L3V 2R4,265 Barrie RD
Simcoe, ON L3V 2R4,265 Barrie RD
Simcoe, ON L3V 2R4,265 Barrie RD
Simcoe, ON L3V 2R4,265 Barrie RD
Simcoe, ON L3V 2R4,265 Barrie RD
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 1,098,000
Est. payment | /mo

10 Beds

5 Baths

Save Virtual Tour
$ 1,098,000
Est. payment | /mo
Save Virtual Tour

10 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Orillia

MLS Listing ID S12514850

Style 3-Storey

Bedrooms 10

Annual Tax Amount $10,074

Tax Year 2024

Property Sub-Type Multiplex

Property Description

This charming 5-unit multiplex in the heart of Orillia is an excellent opportunity for a seasoned investor grow their portfolio or a new investor looking to purchase their first building to start their portfolio on the right foot w/a property that offers immediate income & long-term tenant potential. Set on a large lot w/a generous driveway that provides ample parking for all tenants, the building is already well established with tenants renting four of the units - a landlord dream to have steady returns & stability in long-standing tenants - while 1 vacant unit (as of Oct 2025) is currently listed for rent, allowing new ownership to set fresh market rates and choose their first tenant. Each spacious unit has 2 bedrooms and 1 4pc bathroom, and in-unit laundry. Comfortable layouts attract quality tenants and make them want to stay. The half-acre lot offers plenty of room for future expansion or the addition of new suites, maximizing value over time. Located in a desirable neighbourhood close to schools such as Harriett Todd Public School & Twin Lakes Secondary School, as well as the YMCA Childcare Centre, Orillia Recreation Centre, LifeLabs Medical Services, & many restaurants, this property delivers convenience for tenants & strong demand for the investor. Outdoor recreation is easily accessible w/Bass Lake & Lake Simcoe just a short drive away. Commuting is effortless thanks to quick access to the Trans-Canada Highway, connecting to Hwy 11 North & South. Considering the location, stability, & expansion potential, this property is a smart investment choice in the heart of Orillia.

Location

Province ON

County Simcoe

Community Orillia

Area Simcoe

Rooms

Family Room No

Basement Unfinished, Separate Entrance

Kitchen 5

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Porch

Pool None

Roof Type Asphalt Shingle

Lot Frontage 128.0

Lot Depth 247.5

Total Parking Spaces 10

Building

Unit Features School,Public Transit,Park,Place Of Worship,Wooded/Treed

Foundation Concrete

Others

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/vSKXVUI02MSOD1/

Listed by CRESCENT REAL ESTATE INC.
Mike Taylor

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

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265 Barrie RD