371 Barrie Road Orillia, ON L3V 2S1
Listing Courtesy of: PropTX - IDX / Listed By: Re/Max Hallmark Chay Realty

  371 Barrie Road Orillia, ON L3V 2S1

Active
$1,098,000 (CAD)
10
BED
9
BATH
2500-3000
SQFT

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.

MLS®:
S13464316
Taxes
$7,408(2025)
Type
Multifamily
Style
2-Storey
County
Simcoe County
Community
Orillia

Listed By

Re/Max Hallmark Chay Realty
Source
PropTX - IDX
Last checked Aug 28 2026 at 9:38 PM EDT
Bathroom Details
Interior Features
  • None
Property Features
  • Foundation: Block
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Full
  • Walk-Up
Pool Information
  • None
Exterior Features
  • Vinyl Siding
  • Roof: Metal
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Private
Stories
  • 2
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/28/26 14:38