$649,000
PRICE
4
BEDROOMS
3
BATHROOMS
S13657948
MLSID
116 Albert Street, Orillia
Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement.
Summary
Address
116 Albert Street
City
Community
Street
MLSID
S13657948
Property Type
Triplex
Property Category
Bedrooms
4
Bathrooms
3
Kitchens
3
Zoning
M2
Taxes (Annual)
$3,326.00
Tax Year
2025
Published
August 10, 2026
Days on Market
3 Days
Possession Type
Immediate
Possession Details
Immediate
Inclusions
Fridge (x3), Stove (x3), Washer, Dryer.
Details
Property Features
Public Transit, School Bus Route, Hospital
Bathroom 1
3-Piece Main Level
Bathroom 2
4-Piece Upper Level
Basement
Full, Unfinished
Interior Features
None
Parking Spaces
3
Parking Total
3
Parking Features
Private Triple
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Brick
Lot Width
70 Feet
Lot Depth
89 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with FARIS TEAM REAL ESTATE BROKERAGE