12 KING'S COURT, Orillia, Ontario, L3V6S4
Vacant triplex in the Heart of Orillia Steps to Couchiching Park! This is an incredible investment opportunity for a well-maintained triplex located near trails, walking distance from Couchiching Park, public transit, downtown shops, and golf courses, offering strong tenant appeal and income potential. 2 - 3 Bedroom Units with private decks, above grade with spacious layouts and a unpermitted 1 bedroom basement. All 3 units are vacant, ideal for owner-occupier. Set your rent, current average 3 bedroom rent in Orillia is $2,400/mth. Garage for additional storage or rental income potential. New fiberglass asphalt single roof - September 2025 with new soffit and fascia in 2024. Recent Updates to Unit 12 include: new electrical panel-2024, fresh paint throughout, new kitchen & 3rd bedroom flooring, new light fixtures & 1 ceiling fan, outlets and switches, upgraded bathroom vanity & toilet, new baseboards-2025, features a gas fireplace in the living room, rough in for in unit laundry and separate water, electrical and gas meters. Unit 10 and 10B share electrical, water & gas meters. Shared laundry in basement. This property is a legal duplex with current use as a triplex. The process has been started with The City of Orillia to qualify as a legal triplex, including completed plans and upgraded electrical panel. Separate entrances for each unit, with excellent upside for investors or multi-generational living. Vacant units give the flexibility to set your own rents or live in one while renting the others. Approx. 90 minutes to Toronto, Orillia continues to grow as a vibrant lakeside community with expanding infrastructure and amenities. Don't miss this rare opportunity to own a cash-flow-ready triplex in one of Orillia's most desirable locations! (id:2471)
RE/MAX Right Move Brokerage - Orillia
- 705 325-1373
- 705 325-4135
- stoutts@youronlineagents.com
- Property Address: 12 KING'S COURT, Orillia, Ontario, L3V6S4
- Community Name: Orillia
- Property Type: Multi-family
- Zoning Description: R3
- Lot Size: 65 x 98.6 FT
- Acreage: 65 x 98.6 FT|under 1/2 acre
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: Attached Garage, Garage
- Total Parking Spaces: 5
- Structure Style: Triplex
- Storeys: 2
- Floor Space: 2500 - 3000 sqft
- Building Age: 31 to 50 years
- Bedrooms: 6 + 1
- Bathrooms: 3-Total
- Basement Type: Full
- Heating Type: Electric, Baseboard heaters
- Cooling: None
- Exterior Type: Brick, Wood
- Fireplace Present: True
- Foundation Type: Block
- Appliances Included: Water meter, Dishwasher, Dryer, Stove, Washer, Window Coverings, Refrigerator
- Structures: Deck
- Sump Pump
Listing Office: Century 21 B.J. Roth Realty Ltd.
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Welcome to 159 Barrie Road now a legal duplex in...
- 12 Beds
- 2 Baths
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