28 West St N, Orillia, Ontario

House for Sale in Orillia

28 West St N, Orillia, ON

  • CA$688,888
  • 6 BEDS
  • 3 BATHS

House for Sale in Orillia

28 West St N, Orillia, ON

  • CA$688,888
  • 6 BEDS
  • 3 BATHS

Key Facts

  • MLS® #: S13140550
  • Property ID: SIRC3346989
  • Property Type: Residential, Single Family Detached
  • Bedrooms: 6
  • Bathrooms: 3
  • Parking Spaces: 3
  • Listed By:
  • RIGHT AT HOME REALTY

Property Description

Turnkey Residential income opportunity in the heart of downtown Orillia. This Brand new fully renovated never lived in Multi Use legal triplex is a rare offering for investors and Home Ownership seeking strong cash flow, low operating costs, and long-term appreciation. Each of the three self-contained units features 2 bedrooms, 1 living space, and a 3-piece bathroom, along with a separate laundry for each suite and all appliances inclusive (stove & fridge). Designed for tenant comfort and independence, every unit also benefits from separate gas and hydro meters, significantly reducing landlord expenses. Adding to its appeal, includes Private parking space at rear of building -a highly desirable feature in a central downtown location. Projected rental income based on current market conditions is approximately $5,600/month ($67,200 annually), delivering a strong ~5.7%-6.0% cap rate depending on purchase price. This makes the property ideal for investors looking for immediate income with upside potential. Flexible ownership options allow you to rent all three units for maximum cash flow, or live in one unit while the others offset your mortgage, making it equally attractive for owner-investors. Situated steps to Orillia's vibrant downtown core, tenants enjoy easy access to shops, restaurants, waterfront parks, and major amenities, supporting consistent rental demand and long-term stability. A clean, efficient, income-producing asset in a growing market-this is the type of property serious investors look for.

Rooms

  • TypeLevelDimensionsFlooring
  • FoyerUpper21' 11.7" x 3' 7.3"Other
  • Living roomUpper19' 8.2" x 9' 6.1"Other
  • KitchenUpper9' 6.1" x 14' 5.2"Other
  • BedroomUpper15' 8.9" x 9' 6.1"Other
  • BedroomUpper9' 6.1" x 9' 6.1"Other
  • BathroomUpper4' 5.1" x 6' 2.8"Other
  • Living roomGround floor15' 5" x 13' 9.3"Other
  • KitchenGround floor9' 6.1" x 9' 2.2"Other
  • BedroomGround floor6' 10.6" x 9' 10.1"Other
  • BedroomGround floor13' 9.3" x 11' 5.7"Other
  • BathroomGround floor7' 4.5" x 5' 6.9"Other
  • Living roomLower17' 7.2" x 17' 7.2"Other
  • KitchenLower8' 10.2" x 10' 5.9"Other
  • BedroomLower9' 10.1" x 8' 2.4"Other
  • BedroomLower10' 5.9" x 9' 10.1"Other
  • BathroomLower4' 11" x 9' 10.1"Other

Listing Agents

RIGHT AT HOME REALTY

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Location

28 West St N, Orillia, Ontario, L3V 5B8 Canada

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