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10 Beds
9 Baths

C$1,098,000

371 BARRIE ROAD, Orillia Ontario, L3V2S1

Property typeResidential
Courtesy of LANCE CHILTON with RE/MAX HALLMARK CHAY REALTY

Overview

Active

Listed Jun 18, 2026

Updated 18h ago

Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning. (id:41202)

Additional information

MLS® ID
S13464316

Interior Features

Bedrooms
10
Bathrooms
9
Cooling
Yes
Heating
Yes
Basement
No

Courtesy of LANCE CHILTON with RE/MAX HALLMARK CHAY REALTY

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