$1,098,000
371 Barrie Rd
Orillia, ON L3V 2S1
371 Barrie Rd, Orillia — Listed at $1,098,000. 10 bedroom, 9 bathroom 2-Storey Duplex. MLS® S13464316.
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Description
Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
Property Details
Property Insights
Listing Courtesy of: RE/MAX HALLMARK CHAY REALTY
MLS® #S13464316


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HouseIndex Take: 371 Barrie Road
This duplex (2-Storey) is located in the Orillia neighbourhood of Orillia.
The home offers 10+2 bedrooms, 9 bathrooms.
Features include a full, walk-up basement, 5 parking spaces.
Additional details: lot dimensions of 50 × 137 feet.
Listed at $1,098,000 CAD with annual property taxes of $7,408 (2025).
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