$439,900

For saleJust listed

174 Barrie Road, Orillia - Multi-family for Sale

174 Barrie Road, Orillia, Ontario, L3V2R2

2 beds2 baths4 parking1,300 ft²46 × 173 ft (8,019 sq ft) lot sizeListed Today

Overview

This multi-family property in Orillia is for sale offering roughly 1,300 sq ft of space. It has been on the market 0 days, fresher than the Orillia average of 67 days.

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Description

The Price is Right!!! This legal 2-unit home (duplex) sits on an exceptionally deep lot (46.42ft x 196.66ft x 40.29ft x 173.19ft) just off Memorial Drive and offers rare 4-car parking, making it an outstanding opportunity for both investors and owner-occupiers. NOTE: The lot size makes it idea to consider Additional Dwelling Unit(s) (ADU). The property features two spacious one-bedroom units, each with excellent layout and appeal. The main floor offers a large, open-concept one-bedroom suite enhanced by a new heat pump installed in November 2025, providing efficient year-round comfort. The upper unit is bright, inviting, and equally well-designed, making it highly desirable for tenants. The home has been thoughtfully updated over the years, including a new roof in 2020, gutter replacement and extensive brick repairs completed in 2017, and the addition of separate hydro metering so tenants pay their own hydro. These improvements, combined with the property's legal duplex status, create a strong, low-maintenance investment with excellent income potential. Whether you're looking to expand your portfolio or live in one unit while renting the other to help qualify for a larger mortgage, this property delivers exceptional value in a prime location. (id:66096)

Property Details

MLS®: S14151422
Property Type: Multi-family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 46 × 173 ft (8,019 sq ft)
Frontage: 46 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Heat Pump, Baseboard heaters, Electric
Cooling: Wall unit
Garage: Garage
Property Tax: $3,069/yr
Listed: Today

Rooms

Main level

Kitchen: 3.1 x 2.4 meters
Living room: 3.1 x 3.6 meters
Bedroom: 3.1 x 3.1 meters

Upper Level

Kitchen: 3.1 x 3.1 meters
Living room: 3.7 x 3.1 meters
Bedroom: 2.7 x 3.4 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Dryer, Microwave, Two stoves, Two Refrigerators
Foundation: Stone
Exterior: Brick
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Orillia listings, avg age

67d

Price / ft²

$338

List price

$440K

Haho

This 2-bed multi-family in Orillia has been listed for 0 days, which is 67 days fresher than the city average of 67. Act while there is still low competition.

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Listed by CENTURY 21 B.J. ROTH REALTY LTD. · GEORGE PATRICK NAGEL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $439,900, about 5.7× the local median household income of $77,500.

Carrying it typically needs a household income of about $85,928 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.

Median household income: $77,500
Population: 48,651
Median age: 47.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3V)

$439,900· $338/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,995

Min 5%50%

Mortgage payment$2,317/mo

↳ CMHC premium ($16,716 capitalized)

Property tax (est.)$256/mo

Total monthly$2,573

Cash Needed to Close

Down payment (5%)$21,995

Land transfer tax$5,273

Est. closing costs$3,820

Total cash needed$31,088

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