Investor Alert! Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
Data was last updated July 12, 2026 at 07:15 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$597,000
Min list price:
$439,000
Max list price:
$1,098,000
Avg days on market:
33
Min days on market:
6
Max days on market:
128
These statistics are generated based on the current listing's property type
and located in
Orillia. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
LANCE CHILTON
RE/MAX HALLMARK CHAY REALTY [218 BAYFIELD ST 100078 & 100431]
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.