For Sale: 416 Gill Street, Orillia, ON - REW
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$1,250,000
8 bd • 4 ba • 3500 - 4999 sf • Multifamily
416 Gill Street
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$1,250,000
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416 Gill StreetOrillia, ON, L3V 4K6

  • 8 Bed
  • 4 Bath
  • 3500 - 4999 Sqft
  • Multifamily

About this home

The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey. (id:63626)
Listed by: Gerry Keenan, Salesperson, RE/MAX Jazz INC.

Home facts and features

Price details
List Price
$1,250,000
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Gross Taxes for 2025
$7,785
Home facts
Bedrooms
8
Full Bathrooms
4
Parking Spaces
8
Parking Details
No Garage
Property Type
Multifamily
Depth
197.4 feet
Frontage
74.9 feet
Style
Raised bungalow
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Basement Details
Apartment in basement,
Features
Separate Heating Controls
Agent details
Primary Agent
Gerry Keenan
Primary Broker
RE/MAX Jazz INC.
Listing details
Days on REW
36 Days
MLS® Number
S13078240
Source
Canadian Real Estate Association
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Property Insights

Regent Park Public School
  • Public
  • JK - 8
Orillia Christian School
  • Private
  • JK - 8
St Bernard's School
  • Catholic
  • JK - 8
Orillia Campus School
  • Public
  • 9 - 12
Lions Oval Public School
  • Public
  • JK - 8
Harriett Todd Public School
  • Public
  • JK - 8
Twin Lakes Secondary School
  • Public
  • 9 - 12
Orillia Secondary School
  • Public
  • 9 - 12
ÉÉC Samuel-de-Champlain
  • Catholic
  • JK - 6
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
Salesperson
Gerry Keenan
Phone:
(905) 728-1600
Office:
905-728-1600
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