$950,000
199 Nottawasaga St
Orillia, ON L3V 3K2
199 Nottawasaga St, Orillia — Listed at $950,000. 5 bedroom, 3 bathroom 2 1/2 Storey Triplex. MLS® S13739074.
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Description
Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.
Property Details
Property Insights
Listing Courtesy of: CASMIR REALTY
MLS® #S13739074


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HouseIndex Take: 199 Nottawasaga Street
This triplex (2 1/2 Storey) is located in the Orillia neighbourhood of Orillia.
The home offers 5 bedrooms, 3 bathrooms.
Features include a other basement, 5 parking spaces including a 5-car garage.
Additional details: lot dimensions of 50.64 × 216.9 feet.
Listed at $950,000 CAD with annual property taxes of $5,853 (2026).
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