Tom Linkletter

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371 BARRIE ROAD, Orillia, Ontario

$1,098,000

10 Beds
9 Baths

Investor Alert! 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 and high-density living, this is a cornerstone asset for any portfolio. Full financials are available upon request for serious inquiries. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning. (id:23309)

Listing ID: S13464316
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Bedroom 3	Second level	3.61 m x 3.09 m
Bedroom 4	Second level	4.35 m x 3.44 m
Bathroom	Second level	3.69 m x 3.01 m
Living room	Second level	4.9 m x 3.91 m
Kitchen	Second level	3.9 m x 2.9 m
Primary Bedroom	Second level	3.58 m x 3.01 m
Bedroom 2	Second level	3.61 m x 3.21 m
Recreational, Games room	Lower level	7.42 m x 4.9 m
Kitchen	Lower level	3.64 m x 3.44 m
Bedroom	Lower level	4.53 m x 3.88 m
Bedroom	Lower level	4.35 m x 3.44 m
Laundry room	Lower level	3.91 m x 2.85 m
Bathroom	Lower level	3.69 m x 3.01 m
Bathroom	Lower level	3.69 m x 3.01 m
Living room	Main level	4.51 m x 3.91 m
Kitchen	Main level	3.9 m x 3.29 m
Primary Bedroom	Main level	3.69 m x 3.01 m
Bedroom 2	Main level	3.61 m x 3.04 m
Bedroom 3	Main level	3.64 m x 3.01 m
Bedroom 4	Main level	3.61 m x 3.09 m

Details

Equipment: None
Parking Spaces: 5
Rental Equipment: None
Transaction: For sale

Building

BasementType: Full
Basement Features: Walk-up
Bedrooms Main Level: 8
Bedrooms Lower Level: 2
Cooling: Central air conditioning
Exterior Finish: Vinyl siding
Fireplace Present: False
Foundation: Block
Bathrooms (Half): 1
Bathrooms (Total): 9
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2500 - 3000 sqft
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 50 ft
Size Irregular: 50 x 137 FT

Listing provided by RE/MAX HALLMARK CHAY REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 371 BARRIE ROAD in Orillia Ontario. It was last modified on June 18th, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Orillia homes for sale.

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