ON > Orillia > Orillia
Orillia, ON L3V 6S4,12 King's CT
Orillia, ON L3V 6S4,12 King's CT
Orillia, ON L3V 6S4,12 King's CT
Orillia, ON L3V 6S4,12 King's CT
Orillia, ON L3V 6S4,12 King's CT
Orillia, ON L3V 6S4,12 King's CT
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Chantal Lopes

Chantal Lopes

+1(647) 996-5156
$ 679,000
Est. payment | /mo

7 Beds

3 Baths

Save
$ 679,000
Est. payment | /mo
Save

7 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Orillia

MLS Listing ID S12297601

Style 2-Storey

Bedrooms 7

Building Age 31-50

Annual Tax Amount $5,499

Tax Year 2024

Property Sub-Type Triplex

Property Description

Triplex in the Heart of Orillia Steps to Couchiching Park! This is an incredible investment opportunity for a well-maintained triplex located near trails, walking distance from Couchiching Park, public transit, downtown shops, and golf courses, offering strong tenant appeal and income potential. 2 - 3 Bedroom Units with private decks, above grade with spacious layouts, 1 unit ready for immediate occupancy or ideal for owner-occupier (2nd 3 bedroom & basement units have been served eviction notices). Set your rent, current average 3 bedroom rent in Orillia is $2,400/mth. Garage for additional storage or rental income potential. Metal Roof approx. 5 years old for long-term durability and minimal maintenance with new soffit and fascia in 2024. Recent Updates to Unit 12 include: new electrical panel-2024, fresh paint throughout, new kitchen & 3rd bedroom flooring, new light fixtures & 1 ceiling fan, outlets and switches, upgraded bathroom vanity & toilet, new baseboards-2025, features a gas fireplace in the living room, rough in for in unit laundry and separate water, electrical and gas meters. Unit 10 and 10B share electrical, water & gas meters. Shared laundry in basement. This property is a legal duplex with current use as a triplex. The process has been started with The City of Orillia to qualify as a legal triplex, including completed plans and upgraded electrical panel. Separate entrances for each unit, with excellent upside for investors or multi-generational living. Vacant units give the flexibility to set your own rents or live in one while renting the others. Approx. 90 minutes to Toronto, Orillia continues to grow as a vibrant lakeside community with expanding infrastructure and amenities. Don't miss this rare opportunity to own a cash-flow-ready triplex in one of Orillia's most desirable locations!

Location

State ON

County Simcoe

Community Orillia

Area Simcoe

Rooms

Family Room No

Basement Full

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Storage, Sump Pump, Water Meter

Cooling None

Fireplaces Type Natural Gas, Living Room

Fireplace Yes

Heat Source Electric

Exterior

Exterior Feature Deck

Garage Spaces 1.5

Pool None

Roof Type Metal

Lot Frontage 65.0

Lot Depth 98.6

Total Parking Spaces 5

Building

Foundation Concrete Block

Others

ParcelsYN No

Listed by Century 21 B.J. Roth Realty Ltd.
Chantal Lopes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(647) 996-5156

chantal.lopes@hotmail.com

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12 King's CT