For Sale: 66 Nottawasaga Street, Orillia, ON - REW
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$899,000
4 bd 4 ba 1500 - 1999 sf Multifamily

66 Nottawasaga StreetOrillia, ON, L3V 3J4

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

About this home

Why renovate an underperforming asset when you can step into a proven performer? This fully legal, solid-brick fourplex delivers 7.3% CAP, immediate cashflow, and long-term stability in the heart of Orillia one of Ontario's fastest-growing and most consistently sought-after real estate markets. With ZERO vacancy history and tenants who love the quality finishes, leasing is effortless. Over $100,000 has been invested in upgrades to ensure this is a truly turn-key asset: new concrete collar (2022), freshly paved asphalt parking (2023), main-floor AC units (2023), A new roof (2019), high-efficiency furnaces (2020), new decks (both front and back), upper-level siding (2022), new storage shed (2022), attic insulation (2020), roof & eaves heating lines to prevent icicles (2021).The property features four updated one-bedroom units with private entrances, five separate hydro meters, shared basement laundry, and a four-car parking lot. Tenants appreciate the thoughtful design and modern finishes, ensuring strong retention and consistent returns. Located within walking distance of downtown Orillia's restaurants, shops, library, Lakehead University, waterfront trails, and boardwalk, this location continues to drive enduring tenant demand. A rare chance to own a meticulously upgraded, fully compliant, and consistently occupied fourplex that delivers dependable income from day one. (id:63626)
Listed by: LORRAINE JORDAN, Salesperson, Real Broker Ontario Ltd.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$4,626
Home facts
Bedrooms
4
Full Bathrooms
4
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
130 feet
Frontage
35.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Wall unit
Basement Details
Unfinished, Full
Features
Separate Electricity Meters, Smoke Detectors
Appliances
Dryer, Refrigerator, Stove, Washer, Water Heater
Agent details
Primary Agent
LORRAINE JORDAN
Primary Broker
Real Broker Ontario Ltd.
Listing details
Days on REW
73 Days
MLS® Number
S12938618
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Lions Oval Public School
  • Public
  • JK - 8
Orillia Secondary School
  • Public
  • 9 - 12
ÉÉC Samuel-de-Champlain
  • Catholic
  • JK - 6
Harriett Todd Public School
  • Public
  • JK - 8
Orchard Park Elementary School
  • Public
  • JK - 8
Monsignor Lee School
  • Catholic
  • JK - 8
Orillia Campus School
  • Public
  • 9 - 12
Twin Lakes Secondary School
  • Public
  • 9 - 12
Patrick Fogarty Secondary School
  • Catholic
  • 9 - 12
Orillia Christian School
  • Private
  • 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
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-11.