For Sale: 116 Albert Street S, Orillia, ON - REW
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$649,000
4 bd • 3 ba • 1500 - 1999 sf • Multifamily
116 Albert Street S
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$649,000
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116 Albert Street SOrillia, ON, L3V 5L2

  • 4 Bed
  • 3 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

Top 5 Reasons You Will Love This Home: 1) Affordable investment property generating nearly $50,000 in annual income, offering an excellent opportunity for investors seeking strong returns 2) Legal triplex with numerous recent improvements including a new roof (2024), new eavestroughs (2025), two major suite modernizations completed in 2022 and 2025, and a new furnace (2026) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. (id:63626)
Listed by: MARK FARIS, Broker, FARIS TEAM REAL ESTATE BROKERAGE

Home facts and features

Price details
List Price
$649,000
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Gross Taxes for 2026
$3,326
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Depth
88.6 feet
Frontage
69.8 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Unfinished, Full
Appliances
Dryer, Refrigerator, Stove, Washer
Agent details
Primary Agent
Primary Broker
FARIS TEAM REAL ESTATE BROKERAGE
Secondary Agent
KYLE ASSELIN
Secondary Broker
Faris Team Real Estate Brokerage
Listing details
Days on REW
1 Day
MLS® Number
S13657948
Source
Canadian Real Estate Association
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Property Insights

Lions Oval Public School
  • Public
  • JK - 8
Harriett Todd Public School
  • Public
  • JK - 8
Orillia Campus School
  • Public
  • 9 - 12
Orillia Secondary School
  • Public
  • 9 - 12
Twin Lakes Secondary School
  • Public
  • 9 - 12
Orillia Christian School
  • Private
  • JK - 8
ÉÉC Samuel-de-Champlain
  • Catholic
  • JK - 6
Regent Park Public School
  • Public
  • JK - 8
St Bernard's School
  • Catholic
  • JK - 8
Orchard Park Elementary School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
Mark Faris
Phone:
(705) 797-8485
Office:
705-797-8485
Salesperson
KYLE ASSELIN
Phone:
(705) 325-1366
Cell:
705-797-8485
Office:
705-325-8686
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