Home › Orillia › 116 Albert Street
For Sale116 Albert Street, Orillia, ON L3V 5L2
$649,000
4
3
1500-2000
Triplex
2-Storey
3
Forced Air
None
Full, Unfinished
S13657948
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.
This triplex sits in Orillia, in Orillia. Orillia sits between Lake Couchiching and Lake Simcoe with a walkable downtown, a growing arts scene, and some of the region’s most approachable price points.
Browse more on our Orillia community page, or see every local listing at our listings search.
Thinking of a move of your own? We list homes across Simcoe County and beyond for a 1% listing commission with full service included. Questions about this property or the market? Contact us or call 705-722-9111.
Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE.
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