371 BARRIE ROAD,Orillia,Ontario,L3V2S1
For sale
$1,098,000
371 BARRIE ROAD,Orillia,Ontario,L3V2S1
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. (id:63658)
PROPERTY SUMMARY
| MLS® # | : | S13464316 |
| Listing price | : | $1,098,000 |
| Listed on | : | 03-07-2026 |
| Property subtype | : | For sale |
| Square footage | : | 2500 sqft |
| Year built | : | 0000 |
| Listing office | : | RE/MAX HALLMARK CHAY REALTY |
BEDROOM & BATHROOM
| Total bedrooms | : | 10 Bedrooms |
| Total bathrooms | : | 9 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : | No Garage |