136 Barrie Road Orillia, Ontario L3V 2R1
$499,999
Check out this outstanding investment opportunity featuring zoning and permitted use information available in the documents section. This legal duplex offers two well-appointed 2-bedroom units, each with its own hydro meter, with potential to create a smaller third unit subject to municipal approval. The property sits on a large in-town double lot, providing excellent long-term development and income potential for savvy investors or developers. Located directly across from an expanding rental complex, this property is positioned in a high-demand area that supports continued rental growth. The existing income stream allows you to carry the property while the City approval process for future changes or improvements is underway, making it an ideal buy-now-and-hold investment. Current monthly income $3,100.00, long term Tenants. Conveniently situated in Orillia, the property is within walking distance to the hospital, downtown core with its charming cafes, restaurants, banks, and shopping, as well as the recreation centre, all of which contribute to strong tenant appeal. As Orillia continues to experience steady growth, this is a great opportunity to become part of the city's expanding real estate market. The buyer is responsible for all municipal processes and associated costs related to zoning verification, change of use, and permit approvals. This is a versatile property with significant potential for income generation, development, or long-term investment holding. (id:24801)
Property Details
| MLS® Number | S12856768 |
| Property Type | Multi-family |
| Community Name | Orillia |
| Amenities Near By | Beach, Golf Nearby, Hospital, Marina |
| Parking Space Total | 4 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Age | 100+ Years |
| Appliances | Water Heater, Two Stoves, Two Refrigerators |
| Basement Type | Partial |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Beach, Golf Nearby, Hospital, Marina |
| Sewer | Sanitary Sewer |
| Size Depth | 118 Ft |
| Size Frontage | 110 Ft |
| Size Irregular | 110 X 118 Ft ; 60.94 Ft 109.98 Ft. 117.95 Ft.x 100.28 |
| Size Total Text | 110 X 118 Ft ; 60.94 Ft 109.98 Ft. 117.95 Ft.x 100.28|under 1/2 Acre |
| Surface Water | Lake/pond |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 1.1 m | 1.1 m | 1.1 m x 1.1 m |
| Main Level | Bathroom | 1.1 m | 1.1 m | 1.1 m x 1.1 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29440709/136-barrie-road-orillia-orillia
Contact Us
Contact us for more information
Erna Collins
Salesperson
450 West St North Unit C, 106449
Orillia, Ontario L3V 5E8
(705) 326-2100
bjrothrealty.c21.ca/
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March 08 2026 10:04:53
Toronto Regional Real Estate Board
Century 21 B.j. Roth Realty Ltd.