Key Facts
- Listed By:
- RE/MAX HALLMARK CHAY REALTY
Property Description
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.
Downloads & Media
Rooms
- TypeLevelDimensionsFlooring
- Living roomMain12' 9.9" x 14' 9.5"Other
- KitchenMain10' 9.5" x 12' 9.5"Other
- OtherMain9' 10.5" x 12' 1.2"Other
- BedroomMain9' 11.6" x 11' 10.1"Other
- BedroomMain9' 10.5" x 11' 11.3"Other
- BedroomMain10' 1.6" x 11' 10.1"Other
- Living room2nd floor12' 9.9" x 16' 9.1"Other
- Kitchen2nd floor9' 6.1" x 12' 9.5"Other
- Other2nd floor9' 10.5" x 11' 8.9"Other
- Bedroom2nd floor10' 6.3" x 11' 10.1"Other
- Bedroom2nd floor10' 1.6" x 11' 10.1"Other
- Recreation RoomLower16' 9.1" x 24' 4.1"Other
- KitchenLower11' 3.4" x 11' 11.3"Other
- BedroomLower12' 8.7" x 14' 10.3"Other
- BedroomLower11' 3.4" x 14' 3.2"Other
- Laundry roomLower9' 4.2" x 12' 9.9"Other
- Bedroom2nd floor11' 3.4" x 14' 3.2"Other
- Bathroom2nd floor9' 10.5" x 12' 1.2"Other
- BathroomLower9' 10.5" x 12' 1.2"Other
- BathroomLower9' 10.5" x 12' 1.2"Other
Listing Agents
Request More Information
Request More Information
Location
371 Barrie Rd, Orillia, Ontario, L3V 2S1 Canada
Around this property
Information about the area within a 5-minute walk of this property.
Request Neighbourhood Information
Learn more about the neighbourhood and amenities around this property
Request NowPayment Calculator
- $
- %$
- %
- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0


This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.