199 Nottawasaga ST, Orillia, ON L3V 3K2
199 Nottawasaga ST, Orillia, ON L3V 3K2
199 Nottawasaga ST, Orillia, ON L3V 3K2
199 Nottawasaga ST, Orillia, ON L3V 3K2
199 Nottawasaga ST, Orillia, ON L3V 3K2
199 Nottawasaga ST, Orillia, ON L3V 3K2
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 950,000
Est. payment | /mo

5 Beds

3 Baths


Save
$ 950,000
Est. payment | /mo
Save

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Orillia

MLS Listing ID S13739074

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $5,853

Tax Year 2026

Property Sub-Type Triplex

Property Description

Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.

Location

Province ON

County Simcoe

Area Simcoe

Rooms

Family Room Yes

Basement Other

Kitchen 3

Interior

Interior Features Other

Heating Yes

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 5.0

Pool None

Roof Type Shingles

Lot Frontage 50.64

Lot Depth 216.9

Total Parking Spaces 5

Building

Foundation Concrete

Others

ParcelsYN No

Listed by CASMIR REALTY

Nearby Locations

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

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

199 Nottawasaga ST