For sale 50$649,000
116 Albert Street South
Orillia, Ontario L3V5L2
For sale· Added
About this home
Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home.
Location
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Property details
Listing
- MLS® number
- S13657948
- Added
- Aug 10, 2026 ()
- Updated
- Sep 2, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Triplex
- Storeys
- 2
Inside
- Bedrooms
- 4
- Bathrooms
- 3
- Heating
- Forced air, Natural gas
- Cooling
- None
- Fireplace
- No
- Flooring
- Laminate, Vinyl
- Appliances
- Washer, Refrigerator, Stove, Dryer
Building
- Basement
- Unfinished, Full
- Exterior
- Brick
- Foundation
- Stone
- Parking
- No Garage · 3 spaces
Land
- Lot size
- 69.7 x 88.6 ft
- Zoning
- M2
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Barrie Rd/Albert St S
- Nearby
- School Bus
Running costs
- Annual property tax
- $3,326
Rooms
| Kitchen | Main level | 3.3 x 2.65 m |
| Living room | Main level | 3.11 x 2.22 m |
| Bedroom | Main level | 3.32 x 2.18 m |
| Kitchen | Main level | 5.94 x 3.95 m |
| Den | Main level | 2.67 x 1.58 m |
| Bedroom | Main level | 3.56 x 3.11 m |
| Kitchen | Upper Level | 3.37 x 2.89 m |
| Living room | Upper Level | 5 x 3.38 m |
| Bedroom | Upper Level | 4.14 x 2.8 m |
| Bedroom | Upper Level | 2.83 x 2.15 m |
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