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371 Barrie Road, Orillia, ON L3V2S1

$1,098,00010Beds 9Baths 2,500Sqft

Property Overview

  • Row / Townhouse Home Type
  • Duplex Building Type
  • 6850 Sqft Lot Size
  • NoneCommunity
  • 10 Beds
  • 9 Full Baths
  • Air Conditioning (Central) Cooling
  • 0 Half Baths
  • 5 Parking Space(s)
  • 2020 Year Built
  • Property Taxes
  • 72 days Days on Market
  • S13464316 MLS® #
  • $439 Price / Sqft
  • Two Storey Style
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Description

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.

Interior Details

See Home Description
See Home Description
Air Conditioning (Central)
0
None
Full

Exterior Details

Vinyl Siding
2
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Metal
Brick / Stone / Block

More Information

Property

None
See Home Description

Parking

Yes
5
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 2:42:27 PM UTC.