This charming 5-unit multiplex in the heart of Orillia is an excellent opportunity for a seasoned investor grow their portfolio or a new investor looking to purchase their first building to start their portfolio on the right foot w/a property that offers immediate income & long-term tenant potential. Set on a large lot w/a generous driveway that provides ample parking for all tenants, the building is already well established with tenants renting four of the units - a landlord dream to have steady returns & stability in long-standing tenants - while 1 vacant unit (as of Oct 2025) is currently listed for rent, allowing new ownership to set fresh market rates and choose their first tenant. Each spacious unit has 2 bedrooms and 1 4pc bathroom, and in-unit laundry. Comfortable layouts attract quality tenants and make them want to stay. The half-acre lot offers plenty of room for future expansion or the addition of new suites, maximizing value over time. Located in a desirable neighbourhood close to schools such as Harriett Todd Public School & Twin Lakes Secondary School, as well as the YMCA Childcare Centre, Orillia Recreation Centre, LifeLabs Medical Services, & many restaurants, this property delivers convenience for tenants & strong demand for the investor. Outdoor recreation is easily accessible w/Bass Lake & Lake Simcoe just a short drive away. Commuting is effortless thanks to quick access to the Trans-Canada Highway, connecting to Hwy 11 North & South. Considering the location, stability, & expansion potential, this property is a smart investment choice in the heart of Orillia.
For sale
C$1,098,000
265 Barrie Rd, Orillia, ON L3V 2R4
10beds
5baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Large lotGenerous drivewaySpacious unitIn-unit laundryComfortable layoutsHalf-acre lot
- 73 days |
- 19 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: December 29, 2025 at 07:22am
Listed by:
CRESCENT REAL ESTATE INC.
Source: TRREB,MLS®#: S12514850
Originating MLS®#: Toronto Regional Real Estate Board
Originating MLS®#: Toronto Regional Real Estate BoardFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Primary bedroom
- Level: Second
- Dimensions: 4.37 x 2.9
Primary bedroom
- Level: Main
- Dimensions: 4.42 x 2.85
Primary bedroom
- Level: Main
- Dimensions: 3.39 x 3.15
Primary bedroom
- Level: Third
- Dimensions: 4.47 x 3.72
Primary bedroom
- Level: Second
- Dimensions: 3.4 x 3.04
Bedroom 2
- Level: Third
- Dimensions: 3.69 x 3.03
Bedroom 2
- Level: Main
- Dimensions: 3.33 x 2.73
Bedroom 2
- Level: Main
- Dimensions: 3.36 x 3.04
Bedroom 2
- Level: Second
- Dimensions: 3.4 x 3.22
Bedroom 2
- Level: Second
- Dimensions: 3.33 x 2.71
Bathroom
- Level: Second
- Dimensions: 2.13 x 1.49
Bathroom
- Level: Main
- Dimensions: 2.1 x 1.49
Bathroom
- Level: Third
- Dimensions: 2.05 x 1.51
Bathroom
- Level: Second
- Dimensions: 2.05 x 1.5
Bathroom
- Level: Main
- Dimensions: 2.07 x 1.5
Dining room
- Level: Main
- Dimensions: 3.54 x 1.51
Kitchen
- Level: Second
- Dimensions: 3.67 x 3.25
Kitchen
- Level: Second
- Dimensions: 6.18 x 2.14
Kitchen
- Level: Main
- Dimensions: 6.28 x 2.1
Kitchen
- Level: Main
- Dimensions: 4.02 x 3.17
Kitchen
- Level: Third
- Dimensions: 7.9 x 2.7
Living room
- Level: Second
- Dimensions: 5.81 x 4.03
Living room
- Level: Second
- Dimensions: 4.42 x 3.96
Living room
- Level: Third
- Dimensions: 7.92 x 4.15
Living room
- Level: Main
- Dimensions: 4.36 x 4.12
Living room
- Level: Main
- Dimensions: 4.18 x 4
Heating
- Forced Air, Gas
Cooling
- None
Features
- None
- Basement: Unfinished,Separate Entrance
- Has fireplace: No
Interior area
- Living area range: 3500-5000 null
Video & virtual tour
Property
Parking
- Total spaces: 10
Features
- Stories: 3
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 0.49 Acres
- Features: School, Public Transit, Park, Place Of Worship, Wooded/Treed
Details
- Parcel number: 586410012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Orillia
Financial & listing details
- Annual tax amount: C$10,074
- Date on market: 11/5/2025
CRESCENT REAL ESTATE INC.
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Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: L3V
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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