19 SOUTH STREET, Orillia, Ontario
$899,900
- 3 Beds
- 3 Baths
- 3,243 Square Feet
Solid investment opportunity in a sought-after Orillia neighborhood! This well-maintained, legal triplex provides immediate income and strong future potential with approval for a fourth unit and construction already started. The upper level features two bright and spacious one-bedroom units, with laundry capability, both freshly painted with updated flooring and modern bathrooms completely move-in ready and offering flexibility to establish your rental strategy or occupy personally. The main floor includes a third one-bedroom unit, currently rented to a reliable long-term tenant at market rent, along with a large storage space that is already roughed-in and offers potential for conversion to a fourth unit (plans are attached). A full utility room enhances functionality. The property also includes a useful outbuilding, providing extra storage or potential future use. With three separate hydro meters, private entrances, dedicated parking for each unit, updated vinyl windows, and a prime location close to shopping, transit, hospital, and parks, this property is a versatile addition to any portfolio. Whether you're a seasoned investor or entering the market for the first time, this triplex is a strong and adaptable income-producing asset in a high-demand rental area. (id:23309)
- Listing ID: S12437073
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 19 SOUTH STREET in Orillia Ontario. It was last modified on October 1st, 2025. Contact Allan-John Boulanger to schedule a viewing or to discover other Orillia real estate for sale.