116 Albert ST S, Orillia, ON L3V 5L2
116 Albert ST S, Orillia, ON L3V 5L2
116 Albert ST S, Orillia, ON L3V 5L2
116 Albert ST S, Orillia, ON L3V 5L2
116 Albert ST S, Orillia, ON L3V 5L2
116 Albert ST S, Orillia, ON L3V 5L2
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A.J Paima Realtor

A.J Paima Realtor

+1(403) 612-8285
$ 649,000
Est. payment | /mo

4 Beds

3 Baths

Save Virtual Tour
$ 649,000
Est. payment | /mo
Save Virtual Tour

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Orillia

MLS Listing ID S13657948

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,326

Tax Year 2025

Property Sub-Type Triplex

Property Description

Top 5 Reasons You Will Love This Home: 1) Affordable investment property generating nearly $50,000 in annual income, offering an excellent opportunity for investors seeking strong returns 2) Legal triplex with numerous recent improvements including a new roof (2024), new eavestroughs (2025), two major suite modernizations completed in 2022 and 2025, and a new furnace (2026) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement.

Location

State ON

County Simcoe

Area Simcoe

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 3

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private Triple

Pool None

Roof Type Asphalt Shingle

Lot Frontage 69.69

Lot Depth 88.62

Total Parking Spaces 3

Building

Building Age 100+

Unit Features Public Transit,School Bus Route,Hospital

Foundation Stone

Others

ParcelsYN No

Virtual Tour https://youtu.be/mnEPQDD27Rc

Listed by FARIS TEAM REAL ESTATE BROKERAGE

Nearby Locations

A.J Paima Realtor

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 612-8285

ajmalpaima@gmail.com

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116 Albert ST S