TanTeam

Real Estate Group

Contact TanTeam

What do you want to do next?

Buy a Home Sell my Home

23 ELGIN STREET, Orillia, Ontario

$799,900

5 Beds
3 Baths

TRIPLE THE OPPORTUNITY: VACANT TRIPLEX READY FOR YOUR INVESTMENT VISION! Seize this rare chance to shape your investment future in Orillia's redevelopment area! 23 Elgin Street presents an investment opportunity with ALL THREE UNITS INTENTIONALLY VACANT giving you the ultimate flexibility to implement your strategy immediately. This legal triplex offers incredible versatility with three distinct units: Ground Floor Unit 1: Cozy 1 bed/1 bath Ground Floor Unit 2: Spacious 1 bed +den/1 bath (can include furniture for instant furnished rental income!)Upper Level: Premium 2 bed/1 bath featuring private stackable washer/dryer and walkout balcony. Why this property outshines other investment opportunities: IMMEDIATE INCOME POTENTIAL: Place tenants tomorrow or move in yourself while collecting rent from other units. Recent updates in the last few years: roof and furnace (2020) minimize your maintenance concerns. PRIME LOCATION: Minutes from downtown Orillia's waterfront, boardwalk, Mariposa Market, and all essential amenities. CONVENIENCE: City services and garbage removal included* PRACTICAL FEATURES: Shared laundry for ground floor units and ample parking. The vacant status creates extraordinary value choose your own tenants, set your own rental rates, or renovate to maximize returns without disrupting existing tenancies. Live in one unit while generating passive income from the others, or capitalize on Orillia's growing rental demand by filling all three. This prime investment opportunity sits in area undergoing significant transition and development down by the water and neighbouring area. The seller will consider all reasonable offers! Take this opportunity to secure your financial future in Orillia's thriving real estate market! (id:50212)

Listing ID: S12092562
Property Type: Multi-family

View Additional Photos

Schedule a Tour

Don't have a real estate agent? Use the calendar to schedule a showing with the TanTeam Real Estate Group to view this property.

Schedule Private Tour

The TanTeam Real Estate Group would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact the TanTeam Real Estate Group, who specializes in Orillia real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let the TanTeam Real Estate Group find a property to match your lifestyle.

Details

Amenities Nearby: Public Transit, Place of Worship
Community Features: School Bus
Features: Lane, In-Law Suite
Parking Spaces: 5
Transaction: For sale
Zoning Description: R3i - according to City of Orillia - see map

Building

Appliances: Water meter, All, Furniture
BasementType: Partial
Bedrooms Main Level: 5
Cooling: Wall unit
Exterior Finish: Aluminum siding
Fireplace Present: False
Fire Protection: Smoke Detectors, Security system
Foundation: Block
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2
Type: Other
Utility Water: Municipal water

Land

Amenities: Public Transit, Place of Worship
Sewer: Sanitary sewer
Size Frontage: 53 ft
Size Irregular: 53 x 133 FT

Listing provided by RE/MAX HALLMARK CHAY REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

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 23 ELGIN STREET in Orillia Ontario. It was last modified on April 20th, 2025. Contact the TanTeam Real Estate Group to schedule a viewing or to discover other Orillia real estate for sale.

Request More Information

Want more information or schedule a showing? Request more information with the TanTeam Real Estate Group, who specializes in Orillia properties.

Terms of Use Agreement

Terms of Use
This website is operated by the TanTeam Real Estate Group, REALTORS® who are members of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, the TanTeam Real Estate Group, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
The TanTeam Real Estate Group may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline