$1,128,900
Available - For Sale
Listing ID: S12190211
66 Nottawasaga Stre , Orillia, L3V 3J4, Simcoe
| Position yourself in the heart of Orillia-one of Ontario's fastest-growing and most consistently sought-after real estate markets. This fully legal, solid-brick fourplex offers immediate cash flow, long-term stability, and a level of quality rarely seen in income properties. With four beautifully updated one-bedroom units, this building blends historical charm with contemporary upgrades, appealing to discerning tenants and savvy investors alike. Meticulously renovated over the past four years, the property has undergone extensive capital improvements a new roof (2019), high-efficiency furnaces (2020), AC units for main floor apartments, new concrete walkways (2022), and fresh exterior enhancements such as new decks, upper-level siding, and a dedicated storage shed (2023). With no deferred maintenance, this is a truly turnkey asset. A recent fire and building inspection in January 2025 confirms full compliance with all municipal codes, ensuring peace of mind and regulatory clarity for any investor. Designed for long-term operational ease, the building includes five separate hydrometers, private entrances for each unit, shared basement laundry, and a newly paved four-carparking lot. These thoughtful upgrades enhance both tenant satisfaction and property management efficiency. The flexible zoning also allows for a variety of rental strategies, whether continuing with traditional long-term tenants or exploring mid-term furnished rental opportunities. Located just a short walk from Orillia's bustling downtown, tenants enjoy direct access to a wealth of amenities including restaurants, cafés, boutique shops, the public library, and Lakehead University. The nearby boardwalk and waterfront trails further enhance the area's appeal, contributing to strong and consistent rental demand. If you're looking to expand your real estate portfolio with a high-performing, low-maintenance asset this fourplex presents a unique opportunity to secure proven income in a thriving area. |
| Price | $1,128,900 |
| Taxes: | $4353.87 |
| Assessment Year: | 2024 |
| Occupancy: | Partial |
| Address: | 66 Nottawasaga Stre , Orillia, L3V 3J4, Simcoe |
| Directions/Cross Streets: | Albert St N & Nottawasaga St |
| Rooms: | 12 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished, Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Second |
| Washroom Type 2 | 3 | Main |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Arts Centre, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| Keller Williams Co-Elevation Realty, Brokerage |
|
|
Hossein Vanishoja
Broker, ABR, SRS, P.Eng
Dir:
416-300-8000
Bus:
888-884-0105
Fax:
888-884-0106
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Style: | 2-Storey |
| Tax: | $4,353.87 |
| Beds: | 4 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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