19 South Street Orillia, Ontario L3V 3T1
$899,900
Solid investment opportunity in a sought-after Orillia neighborhood! This well-maintained, legal triplex provides immediate income and strong future potential with approval for a fourth unit and construction already started. The upper level features two bright and spacious one-bedroom units, with laundry capability, both freshly painted with updated flooring and modern bathrooms completely move-in ready and offering flexibility to establish your rental strategy or occupy personally. The main floor includes a third one-bedroom unit, currently rented to a reliable long-term tenant at market rent, along with a large storage space that is already roughed-in and offers potential for conversion to a fourth unit (plans are attached). A full utility room enhances functionality. The property also includes a useful outbuilding, providing extra storage or potential future use. With three separate hydro meters, private entrances, dedicated parking for each unit, updated vinyl windows, and a prime location close to shopping, transit, hospital, and parks, this property is a versatile addition to any portfolio. Whether you're a seasoned investor or entering the market for the first time, this triplex is a strong and adaptable income-producing asset in a high-demand rental area. (id:61852)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | S12437073 |
| Property Type | Multi-family |
| Community Name | Orillia |
| AmenitiesNearBy | Highway, Public Transit |
| ParkingSpaceTotal | 7 |
Building
| BathroomTotal | 3 |
| BedroomsTotal | 3 |
| Age | 51 To 99 Years |
| Appliances | Water Heater |
| CoolingType | None |
| HeatingType | Baseboard Heaters |
| SizeExterior | 3243 Sqft |
| SizeInterior | 3243 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| SizeDepth | 107 Ft |
| SizeFrontage | 75 Ft |
| SizeIrregular | Bldg=75 X 107 Ft |
| SizeTotalText | Bldg=75 X 107 Ft |
| ZoningDescription | R1 |
https://www.realtor.ca/real-estate/28934565/19-south-street-orillia-orillia
Interested?
Contact us for more information
Kyla Vavala
Broker
355 Bayfield Street, Unit 5, 106299 & 100088
Barrie, Ontario L4M 3C3
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October 23 2025 02:50:13
Toronto Real Estate Board
Century 21 B.j. Roth Realty Ltd.