Size
-
Lot size
6850 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$366 - $439
Taxes
$7,408 (2025)
Parking Type
-
Style
2-Storey
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Description
Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) 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.
Broker: RE/MAX HALLMARK CHAY REALTY
MLS®#: S13464316
Property details
Parking:
5
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2500-3000 sqft
Lot front:
50 Ft
Lot depth:
137 Ft
Listed on:
Jun 18, 2026
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Lower | Recreation | 24.3 x 16.1 ft | |
Lower | Bathroom | 12.1 x 9.9 ft | |
Second | Primary Bedroom | 11.8 x 9.9 ft |
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Instant estimate:
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$60,482
lower than listed pricei
High
$1,089,394
Mid
$1,037,518
Low
$985,642
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