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371 Barrie Road
Orillia
L3V 2S1
$1,098,000
Residential Freehold
beds: 8+2
baths: 9.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- S13464316
- Bedrooms:
- 8+2
- Bathrooms:
- 9
- Photos (40)
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Investor Alert! 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 and high-density living, this is a cornerstone asset for any portfolio. Full financials are available upon request for serious inquiries. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
- Under Contract:
- None
- Property Type:
- Residential Freehold
- Property Sub Type:
- Duplex
- Home Style:
- 2-Storey
- Approx. Age:
- 6-15
- Total Approx Floor Area:
- 2500-3000
- Lot Depth:
- 137'
- Lot Frontage:
- 50'
- Lot Shape:
- Rectangular
- Direction Faces:
- South
- Bedrooms:
- 8+2
- Bathrooms:
- 9.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Kitchens in Basement:
- 1
- Bedrooms Above Grade:
- 8
- Bedrooms Below Grade:
- 2
- Kitchens Above Grade:
- 2
- Rooms Above Grade:
- 11
- Rooms Below Grade:
- 4
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Foundation:
- Block
- Roof:
- Metal
- Basement:
- Full, Walk-Up
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Private
- Parking Spaces:
- 5
- Total Parking Spaces:
- 5.0
- Family Room:
- No
- Possession Details:
- Flexible
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Assessment:
- $490,000
- Assessment Year:
- 2025
- Taxes:
- $7,408 / 2025
- Assessment:
- $490,000.00 / 2025
- Simcoe
- Orillia
- Orillia
- None
- None
- All Tenants belongings
- Vinyl Siding
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 14'9½" × 12'10"
- Main
- Kitchen
- 12'9½" × 10'9½"
- Main
- Primary Bedroom
- 12'1" × 9'10½"
- 3 Pc Ensuite
- Main
- Bedroom 2
- 11'10" × 10'
- 3 Pc Ensuite
- Main
- Bedroom 3
- 11'11" × 9'10½"
- 3 Pc Ensuite
- Main
- Bedroom 4
- 11'10" × 10'2"
- 3 Pc Ensuite
- Second
- Living Room
- 16'1" × 12'10"
- Second
- Kitchen
- 12'9½" × 9'6"
- Second
- Primary Bedroom
- 11'9" × 9'10½"
- 3 Pc Bath
- Second
- Bedroom 2
- 11'10" × 10'6"
- 3 Pc Ensuite
- Second
- Bedroom 3
- 11'10" × 10'2"
- 3 Pc Ensuite
- Lower
- Recreation
- 24'4" × 16'1"
- W/O To Yard
- Lower
- Kitchen
- 11'11" × 11'3"
- Lower
- Bedroom
- 14'10" × 12'8¾"
- 3 Pc Ensuite, Walk-In Closet(s)
- Lower
- Bedroom
- 14'3¼" × 11'3"
- Lower
- Laundry
- 12'10" × 9'4¼"
- Second
- Bedroom 4
- 14'3¼" × 11'3"
- Floor
- Ensuite
- Pieces
- Other
- Second
- Yes
- 3
- 12'1" x 9'10½" 3 Pc Ensuite
- Lower
- No
- 2
- 12'1" x 9'10½" 2 Pc Bath
- Lower
- No
- 3
- 12'1" x 9'10½" 3 Pc Bath
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
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Listed by RE/MAX HALLMARK CHAY REALTY
Data was last updated June 19, 2026 at 10:15 PM (UTC)
Area Statistics
- Listings on market:
- 12
- Avg list price:
- $626,950
- Min list price:
- $478,900
- Max list price:
- $1,098,000
- Avg days on market:
- 23
- Min days on market:
- 1
- Max days on market:
- 105
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.
- BEN ROBITAILLE
- Real Broker Ontario LTD.
- 1 (705) 2093413
- Contact by Email