Income! Income! Income! Legal Duplex - Vacant & Ready to Go! Attention investors and first-time buyers! Here's your chance to own a beautifully renovated legal duplex, completely gutted and rebuilt from the inside out. This impressive property spans two and a half stories and offers incredible flexibility-live in one unit while the other helps pay the mortgage, or lease out both for a strong investment return.Each unit features 3 spacious bedrooms, with the lower level easily convertible into an in-law suite for even more versatility. The home is fully equipped with three separate 100-amp electrical meters-one for each floor.Located in the heart of Orillia, this property sits across from beautiful Victoria Park, with public transportation right at your doorstep. Enjoy the best of city living with restaurants, grocery stores, pharmacy, hospital, library, beach, and waterfront all within walking distance. The area is known for its vibrant community, hosting festivals, local events, and markets throughout the year both downtown and along the waterfront.Relax on the second-floor deck or take comfort knowing the entire home has been rebuilt to meet the newest fire codes, including fire-rated plumbing.Upgrades include:Brand new furnace (2025)Nearly all new windows (2025) except for the charming stained-glass features Roof (approx. 2018)Don't miss this spectacular investment opportunity in a prime central location-a perfect blend of modern updates, income potential, and timeless character! (41533754)
Coldwater Rd W and Patrick St
Property Type
Multi-family
Age Of Building
100+ years
Annual Property Taxes
$3,538 (CAD)
Time on REALTOR.ca
45 days
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