Address
541 High Street, Orillia, ON
Price
$ 599,900
Property Attributes
  • MLS#S13583630
  • TypeMulti-Family
  • Listing Status New
  • CityOrillia
  • AreaOrillia
  • NeighbourhoodOrillia
  • Postal CodeL3V 4X9
  • StyleBungaloft
  • Taxes$ 3840
  • Price$ 599,900
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1500-2000
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Attention investors - this is a must-see opportunity! Beautifully finished legal duplex situated on a wonderful oversized lot in an unbeatable location just minutes to the lake, waterfront parks, scenic trails, and the incredible lifestyle this area has to offer. This well-maintained duplex is fully tenanted with excellent long-term tenants, making it a fantastic turnkey investment opportunity. Both units feature separate MAIN LEVEL entrances, updated kitchens, ensuite laundry, and fresh modern finishes throughout. The property offers a unique layout with one spacious 2-bedroom unit and a charming 1-bedroom loft-style unit featuring an open-concept living and kitchen area on the main floor with a cozy upstairs bedroom retreat. Enjoy a beautifully maintained backyard oasis with exceptional usability and outdoor enjoyment, Each unit with it's own backyard! An ideal property for investors seeking strong rental income, positive cash flow, and long-term value in a highly desirable lakeside community.

Price History
7/20/2026 Listed $599,900

General Features

Sewer Sewer
Cooling Other
Roof Asphalt Shingle
Architectural Style Bungaloft
Pool Features None
Construction Materials Aluminum Siding
Heater Type Forced Air
Parking Spaces 6
Property Subtype Duplex
Tax Year 2025
Lot Depth 134.0
PropertyFeatures Beach,Marina,Lake/Pond,Waterfront
County Simcoe
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction South
Garage Y/N No
Status New
City Orillia
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 3840.0
Virtual Tour https://www.winsold.com/tour/459036
Standard Status Active
Occupancy Type Tenant
Legal Description PT LT 17-18 PL 989 ORILLIA AS IN RO767234; ORILLIA

Interior Features

Interior Amenities Water Heater Owned
Basement Crawl Space
Fireplace Features Natural Gas
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 3
Elevator? No
Total Baths 2
Bedrooms 3
Living Area Range 1500-2000

Exterior Features

Exterior Amenities Deck
Parking Features Available
Total Parking 6.0
Garage Type None
Foundation Details Slab,Stone
Spa No
Lot Size Source MPAC
Waterfront Y/N No
Covered Spaces 0.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L3V 4X9

Price
AVG $600K
$600K
Taxes
AVG $3,840
$3,840
Visits
AVG 38
37
Data Provided by Inside Real Estate®