Description
The Price is Right!!! This legal 2-unit home (duplex) sits on an exceptionally deep lot (46.42ft x 196.66ft x 40.29ft x 173.19ft) just off Memorial Drive and offers rare 4-car parking, making it an outstanding opportunity for both investors and owner-occupiers. NOTE: The lot size makes it idea to consider Additional Dwelling Unit(s) (ADU). The property features two spacious one-bedroom units, each with excellent layout and appeal. The main floor offers a large, open-concept one-bedroom suite enhanced by a new heat pump installed in November 2025, providing efficient year-round comfort. The upper unit is bright, inviting, and equally well-designed, making it highly desirable for tenants. The home has been thoughtfully updated over the years, including a new roof in 2020, gutter replacement and extensive brick repairs completed in 2017, and the addition of separate hydro metering so tenants pay their own hydro. These improvements, combined with the property's legal duplex status, create a strong, low-maintenance investment with excellent income potential. Whether you're looking to expand your portfolio or live in one unit while renting the other to help qualify for a larger mortgage, this property delivers exceptional value in a prime location.
Details
| MLS # | S13099924 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 161 |
| Listing Provided By | CENTURY 21 B.J. ROTH REALTY LTD. | S13099924 074711 |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.18 |
Interior
| Interior Features | Separate Hydro Meter |
|---|---|
| Cooling | Wall Unit(s) |
| Heat Source | Electric |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingles |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Brick |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 3069 |
|---|---|
| Tax Legal Description | LT 3 N/S BARRIE RD PL 550 ORILLIA; PT LT 6 E/S DUNEDEN ST PL 550 ORILLIA AS IN RO1222763; ORILLIA |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Orillia |
| Postal Code | L3V 2R2 |
| Area | Orillia |
| Listing VS Median (in L3V 2R2) | |
Price: $478,900 low | high Med: $0 On site: 161 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Orillia |
| Postal Code | L3V 2R2 |
| Area | Orillia |
| Listing VS Median (in L3V 2R2) | |
Price: $478,900 low | high Med: $0 On site: 161 low | high Med: | |
