116 Albert Street S, Orillia

116 Albert Street S in Orillia - 4 bedroom, 3 bathroom. Listed at $649,000.

Top 5 Reasons You Will Love This Home: 1) Affordable investment property generating nearly $50,000 in annual income, offering an excellent opportunity for investors seeking strong returns 2) Legal triplex with numerous recent improvements including a new roof (2024), new eavestroughs (2025), two major suite modernizations completed in 2022 and 2025, and a new furnace (2026) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement.

Property Details

Property Type: Mortgage
Style: 2-Storey
Square Footage: 1750 sqft
Basement: Full
Heating: Gas
Cooling: None
Parking: 3 spaces
Property Taxes: $3,326/yr
Neighbourhood: Orillia
Postal Code: L3V 5L2

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