Scout N Secure

$649,000

Map

116 Albert Street South

Orillia, Ontario L3V5L2

For sale· Added

4 bed3 bath1,500–2,000 sqft

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

KitchenMain level3.3 x 2.65 m
Living roomMain level3.11 x 2.22 m
BedroomMain level3.32 x 2.18 m
KitchenMain level5.94 x 3.95 m
DenMain level2.67 x 1.58 m
BedroomMain level3.56 x 3.11 m
KitchenUpper Level3.37 x 2.89 m
Living roomUpper Level5 x 3.38 m
BedroomUpper Level4.14 x 2.8 m
BedroomUpper Level2.83 x 2.15 m

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$649,000
116 Albert Street South
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