371 Barrie Road

371 Barrie Road in Orillia - 10 bedroom, 9 bathroom. Listed at $1,098,000.

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 this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.

Property Details

• Property Type: Mortgage
• Style: 2-Storey
• Square Footage: 2750 sqft
• Basement: Full
• Heating: Gas
• Cooling: Central Air
• Parking: 5 spaces
• Property Taxes: $7,408/yr
• Neighbourhood: Orillia
• Postal Code: L3V 2S1

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