$1,098,000
11.79 BTC
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371 Barrie Road, Orillia
$1,098,000
PRICE
8 + 2
BEDROOMS
9
BATHROOMS
S13464316
MLSID

371 Barrie Road, Orillia

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.
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Summary

Address
371 Barrie Road
Community
MLSID
S13464316
Property Type
Duplex
Property Category
Bedrooms
8 + 2
Bathrooms
9
Kitchens
2 + 1
Taxes (Annual)
$7,408.00
Tax Year
2025
Published
June 18, 2026
Days on Market
12 Days
Possession Type
Flexible
Possession Details
Flexible
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Exclusions

All Tenants belongings

Details

Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Upper Level
Bathroom 3
2-Piece Lower Level
Bathroom 4
3-Piece Lower Level
Basement
Full, Walk-Up
Interior Features
None
Parking Spaces
5
Parking Total
5
Parking Features
Private
Architectural Style
2-Storey
Roof
Metal
Construction Materials
Vinyl Siding
Lot Width
50 Feet
Lot Depth
137 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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