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Max Ortoli

[email protected] +1(416) 398-1111

$ 679,000

Est. payment -/mo

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12 King's CT Orillia, ON L3V 6S4

7 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Orillia

MLS Listing ID S12297601

Style 2-Storey

Bedrooms 7

Building Age 31-50

Annual Tax Amount $5,499

Tax Year 2024

Property Sub-Type Triplex

Property Description

Triplex in the Heart of Orillia Steps to Couchiching Park! This is an incredible investment opportunity for a well-maintained triplex located near trails, walking distance from Couchiching Park, public transit, downtown shops, and golf courses, offering strong tenant appeal and income potential. 2 - 3 Bedroom Units with private decks, above grade with spacious layouts, 1 unit ready for immediate occupancy or ideal for owner-occupier (2nd 3 bedroom & basement units have been served eviction notices). Set your rent, current average 3 bedroom rent in Orillia is $2,400/mth. Garage for additional storage or rental income potential. Metal Roof approx. 5 years old for long-term durability and minimal maintenance with new soffit and fascia in 2024. Recent Updates to Unit 12 include: new electrical panel-2024, fresh paint throughout, new kitchen & 3rd bedroom flooring, new light fixtures & 1 ceiling fan, outlets and switches, upgraded bathroom vanity & toilet, new baseboards-2025, features a gas fireplace in the living room, rough in for in unit laundry and separate water, electrical and gas meters. Unit 10 and 10B share electrical, water & gas meters. Shared laundry in basement. This property is a legal duplex with current use as a triplex. The process has been started with The City of Orillia to qualify as a legal triplex, including completed plans and upgraded electrical panel. Separate entrances for each unit, with excellent upside for investors or multi-generational living. Vacant units give the flexibility to set your own rents or live in one while renting the others. Approx. 90 minutes to Toronto, Orillia continues to grow as a vibrant lakeside community with expanding infrastructure and amenities. Don't miss this rare opportunity to own a cash-flow-ready triplex in one of Orillia's most desirable locations!

Location

State ON

County Simcoe

Community Orillia

Area Simcoe

Zoning R3

Rooms

Family Room No

Basement Full

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Storage, Sump Pump, Water Meter

Cooling None

Fireplaces Number 1

Fireplaces Type Natural Gas, Living Room

Inclusions Unit 12 - Window Coverings where applicable, dishwasher & washer, dryer in basement. Unit 10 - fridge, stove. Unit 10B - fridge, stove.

Exterior

Exterior Feature Deck

Garage Spaces 1.5

Pool None

Roof Type Metal

Lot Frontage 65.0

Lot Depth 98.6

Total Parking Spaces 5

Building

Foundation Concrete Block

Others

Senior Community Yes

ParcelsYN No

Listed by Century 21 B.J. Roth Realty Ltd.

Max Ortoli

+1(416) 398-1111

Max Ortoli

12 King's CT Orillia, ON L3V 6S4

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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