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Triplex for sale at 116 Albert Street S, Orillia - 4 bedroom, 3 bathroom - Photo 1 of 30
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$649,000

116 Albert St S

Orillia, ON L3V 5L2

116 Albert St S, Orillia — Listed at $649,000. 4 bedroom, 3 bathroom 2-Storey Triplex. MLS® S13657948.

Possession · seller's timeline

Immediate

4Beds
3Baths
1500-2000sqft
Triplex
2-Storey
3Parking
$3,326Taxes/yr · 2025

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Description

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.

Property Details

Property TypeTriplex
Style2-Storey
CommunityOrillia
Approximate Age100+
Rooms10
Kitchens3
Washrooms3
Square Feet1500-2000 sqft
Lot Dimensions69.69 × 88.62 ft
Fronting OnEast
Dir/Cross StBarrie Rd/Albert St S
Garage TypeNone
DrivePrivate Triple
Parking Drive Spaces3
Total Parking Spaces3
ExteriorBrick
RoofAsphalt Shingle
FoundationStone
BasementFull, Unfinished
Heating TypeForced Air
Heating SourceGas
A/CNone
SewersSewer
Taxes (2025)$3,326
HSTIncluded In
Listed Date8/10/2026
Days on Market65 days
PossessionImmediate

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Listing Courtesy of: FARIS TEAM REAL ESTATE BROKERAGE

MLS® #S13657948

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

HouseIndex Take: 116 Albert Street S

This triplex (2-Storey) is located in the Orillia neighbourhood of Orillia.

The home offers 4 bedrooms, 3 bathrooms.

Features include a full, unfinished basement, 3 parking spaces.

Additional details: lot dimensions of 69.69 × 88.62 feet.

Listed at $649,000 CAD with annual property taxes of $3,326 (2025).