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) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 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. *Please note some images have been virtually staged to show the potential of the home. (id:63626)
Listed by: MARK FARIS, Broker, FARIS TEAM REAL ESTATE BROKERAGE

Home facts and features

Price details
List Price
$649,000
Get Pre-Approved
Gross Taxes for 2026
$3,326
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
3
Parking Details
No Garage
Property Type
Multifamily
Lot Size
69 ft x 88 ft (6175 ft²)
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
46 Days
MLS® Number
S13657948
Source
Canadian Real Estate Association
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Amortization
25 Years
Interest Rate
3.99%

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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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