28 West Street N
Orillia
Orillia
L3V 5B8
$889,000
Residential Freehold
beds: 6
baths: 3.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- S13140550
- Bedrooms:
- 6
- Bathrooms:
- 3
- Photos (48)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Turnkey income opportunity in the heart of downtown Orillia. This Brand new fully renovated never live in fully Multi Use legal triplex is a rare offering for investors and Home Ownership seeking strong cash flow, low operating costs, and long-term appreciation. Each of the three self-contained units features 2 bedrooms, 1 living space, and a 3-piece bathroom, along with a separate laundry for each suite and all appliances inclusive (stove & fridge). Designed for tenant comfort and independence, every unit also benefits from separate gas and hydro meters, significantly reducing landlord expenses. Adding to its appeal, complex includes Private parking space at rear of building -a highly desirable feature in a central downtown location. Projected rental income based on current market conditions is approximately $5,600/month ($67,200 annually), delivering a strong ~5.7%-6.0% cap rate depending on purchase price. This makes the property ideal for investors looking for immediate income with upside potential. Flexible ownership options allow you to rent all three units for maximum cash flow, or live in one unit while the others offset your mortgage, making it equally attractive for owner-investors. Situated steps to Orillia's vibrant downtown core, tenants enjoy easy access to shops, restaurants, waterfront parks, and major amenities, supporting consistent rental demand and long-term stability. A clean, efficient, income-producing asset in a growing market-this is the type of property serious investors look for.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 1500-2000
- Lot Depth:
- 111'8"34 m
- Lot Frontage:
- 30'6¼"9.3 m
- Direction Faces:
- West
- Bedrooms:
- 6
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Bedrooms Above Grade:
- 6
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 15
- Heating type:
- Forced Air
- Heating Fuel:
- Electric
- Fireplaces:
- 1
- Foundation:
- Poured Concrete
- Roof:
- Asphalt Rolled
- Basement:
- Walk-Up, Finished, Separate Entrance, Apartment
- Fireplace/Stove:
- Yes
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Private
- Parking Spaces:
- 3
- Total Parking Spaces:
- 3.0
- Family Room:
- No
- Possession Details:
- Flexible
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Included In
- Assessment Year:
- 2025
- Taxes:
- $5,954.76 / 2025
- Assessment:
- $- / 2025
- Simcoe
- Orillia
- Orillia
- Air Exchanger, Carpet Free, Separate Heating Controls, ERV/HRV, Water Heater Owned, Separate Hydro Meter
- All ELF's - All Appliances - All Washer & Dryers - All Furnaces/AC Units - Hot Water Tank
- Stucco (Plaster)
- Floor
- Type
- Size
- Other
- Upper
- Foyer
- 21'11¾"6.70 m × 3'7"1.09 m
- Tile Floor
- Upper
- Living Room
- 19'8¼"6.00 m × 9'6"2.90 m
- Hardwood Floor, Fireplace Insert
- Upper
- Kitchen
- 14'5¼"4.40 m × 9'6"2.90 m
- Hardwood Floor, Large Window, Eat-in Kitchen
- Upper
- Bedroom
- 15'9"4.80 m × 9'6"2.90 m
- Hardwood Floor, Large Window, Closet
- Upper
- Bedroom 2
- 9'6"2.90 m × 9'6"2.90 m
- Hardwood Floor, Large Window, Closet
- Ground
- Living Room
- 15'5"4.70 m × 13'9"4.19 m
- Hardwood Floor, Large Window
- Ground
- Kitchen
- 9'6"2.90 m × 9'2¼"2.80 m
- Hardwood Floor, Eat-in Kitchen, Combined w/Family
- Ground
- Bedroom
- 9'10"3.00 m × 6'11"2.11 m
- Hardwood Floor, Large Window
- Ground
- Bedroom 2
- 13'9"4.19 m × 11'5¾"3.50 m
- Hardwood Floor, Large Window, Closet
- Lower
- Living Room
- 17'1"5.21 m × 17'1"5.21 m
- Tile Floor, Large Window
- Lower
- Kitchen
- 10'6"3.20 m × 8'10"2.69 m
- Tile Floor, Eat-in Kitchen, Combined w/Living
- Lower
- Bedroom
- 9'10"3.00 m × 8'2"2.49 m
- Tile Floor, Above Grade Window
- Lower
- Bedroom 2
- 10'6"3.20 m × 9'10"3.00 m
- Tile Floor, Above Grade Window, Closet
- Floor
- Ensuite
- Pieces
- Other
- Upper
- No
- 3
- 6'3" x 4'5" 3 Pc Bath
- Ground
- No
- 3
- 5'7" x 7'5" 3 Pc Bath
- Lower
- No
- 3
- 9'10" x 4'11" 3 Pc Bath
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air, Wall Unit(s)
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
-
Photo 1 of 48
-
Photo 2 of 48
-
Photo 3 of 48
-
Photo 4 of 48
-
Photo 5 of 48
-
Photo 6 of 48
-
Photo 7 of 48
-
Photo 8 of 48
-
Photo 9 of 48
-
Photo 10 of 48
-
Photo 11 of 48
-
Photo 12 of 48
-
Photo 13 of 48
-
Photo 14 of 48
-
Photo 15 of 48
-
Photo 16 of 48
-
Photo 17 of 48
-
Photo 18 of 48
-
Photo 19 of 48
-
Photo 20 of 48
-
Photo 21 of 48
-
Photo 22 of 48
-
Photo 23 of 48
-
Photo 24 of 48
-
Photo 25 of 48
-
Photo 26 of 48
-
Photo 27 of 48
-
Photo 28 of 48
-
Photo 29 of 48
-
Photo 30 of 48
-
Photo 31 of 48
-
Photo 32 of 48
-
Photo 33 of 48
-
Photo 34 of 48
-
Photo 35 of 48
-
Photo 36 of 48
-
Photo 37 of 48
-
Photo 38 of 48
-
Photo 39 of 48
-
Photo 40 of 48
-
Photo 41 of 48
-
Photo 42 of 48
-
Photo 43 of 48
-
Photo 44 of 48
-
Photo 45 of 48
-
Photo 46 of 48
-
Photo 47 of 48
-
Photo 48 of 48
Larger map options:
Listed by RIGHT AT HOME REALTY
Data was last updated May 18, 2026 at 04:15 PM (UTC)
Area Statistics
- Listings on market:
- 143
- Avg list price:
- $729,999
- Min list price:
- $209,000
- Max list price:
- $4,799,000
- Avg days on market:
- 26
- Min days on market:
- 3
- Max days on market:
- 644
These statistics are generated based on the current listing's property type
and located in
Orillia. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- DAVID WEEKS
- CENTURY 21 B.J ROTH REALTY LTD
- 1 (705) 3218707
- Contact by Email
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
powered by myRealPage.com