19 SOUTH STREET Orillia

19 SOUTH STREET, Orillia, Ontario

$849,900

  • 3 Beds
  • 3 Baths
  • 3,243 Square Feet

Well-positioned income-producing asset located in a desirable Orillia neighbourhood. This legal triplex offers stable cash flow with value-add potential, including approved plans for a fourth residential unit with construction already initiated. The property comprises three self-contained one-bedroom units. Two upper-level units are vacant, recently updated with fresh paint, new flooring, and modernized bathrooms, providing immediate opportunity to establish market rents or accommodate owner occupancy. The main-floor unit is currently leased to a long-term tenant at market rent. A substantial storage area is fully roughed-in and designed for conversion to a fourth unit (refer to attached plans), enhancing future revenue potential. A dedicated utility room supports efficient building operations. Additional features include three separate hydro meters, private unit entrances, on-site parking for each unit, updated vinyl windows, and an ancillary outbuilding suitable for storage or potential future use. The property benefits from strong locational fundamentals with proximity to transit, hospital, retail, and parks, supporting consistent rental demand.An attractive opportunity for investors seeking a scalable multi-residential asset with both immediate income and clear upside in a high-demand rental market. (id:50212)

  • Listing ID: S12721580
  • Property Type: Multi-family

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Details

  • Amenities Nearby: Highway, Public Transit
  • Parking Spaces: 7
  • Transaction: For sale
  • Zoning Description: R2

Building

  • Appliances: Water Heater
  • Cooling: None
  • Fireplace Present: False
  • Bathrooms (Total): 3
  • Heating: Baseboard heaters
  • Size Exterior: 3243 sqft
  • Size Interior: 3243 sqft
  • Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Amenities: Highway, Public Transit
  • Size Frontage: 75 ft
  • Size Irregular: Bldg=75 x 107 FT
MLS®

Listing provided by CENTURY 21 B.J. ROTH REALTY LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 19 SOUTH STREET in Orillia Ontario. It was last modified on January 22nd, 2026. Contact The TanTeam to schedule a viewing or to discover other Orillia real estate for sale.

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