• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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66 Nottawasaga Street, Orillia, ON L3V 3J4

66 Nottawasaga Street, Orillia, ON L3V 3J4

Orillia, ON, L3V 3J4 · Orillia

4 Beds
4 Baths
— Sq Ft
4 Parking
Fourplex Type
S12938618 MLS#

About this property

Why renovate an underperforming asset when you can step into a proven performer? This fully legal, solid-brick fourplex delivers 7.3% CAP, immediate cashflow, and long-term stability in the heart of Orillia one of Ontario's fastest-growing and most consistently sought-after real estate markets. With ZERO vacancy history and tenants who love the quality finishes, leasing is effortless. Over $100,000 has been invested in upgrades to ensure this is a truly turn-key asset: new concrete collar (2022), freshly paved asphalt parking (2023), main-floor AC units (2023), A new roof (2019), high-efficiency furnaces (2020), new decks (both front and back), upper-level siding (2022), new storage shed (2022), attic insulation (2020), roof & eaves heating lines to prevent icicles (2021).The property features four updated one-bedroom units with private entrances, five separate hydro meters, shared basement laundry, and a four-car parking lot. Tenants appreciate the thoughtful design and modern finishes, ensuring strong retention and consistent returns. Located within walking distance of downtown Orillia's restaurants, shops, library, Lakehead University, waterfront trails, and boardwalk, this location continues to drive enduring tenant demand. A rare chance to own a meticulously upgraded, fully compliant, and consistently occupied fourplex that delivers dependable income from day one.

Features & Amenities

  • Basement: Unfinished, Full
  • Garage: None
  • Cooling: Wall Unit(s)
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 2-Storey
  • Construction: Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Fourplex
Architectural Style 2-Storey
Bedrooms 4
Bathrooms 4
Basement Unfinished, Full
Garage None
Parking Spaces 4
Heat Type Forced Air
Heat Source Gas
Cooling Wall Unit(s)
Sewer Sewer
Annual Tax $4,626
Tax Year 2025

Interior Features

Interior Features
Accessory Apartment, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater Owned

Exterior Features

Exterior Features
Deck, Patio, Landscaped, Porch
Pool Features
None

Building & Construction

Architectural Style
2-Storey
Construction Materials
Brick
Foundation Details
Concrete
Roof
Asphalt Shingle
Basement
Unfinished, Full

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Wall Unit(s)

Parking & Garage

Garage Type
None
Parking Spaces
4
Parking Total
4.00
Parking Features
Private
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
130.00
Lot Width
35.00

Community & Neighborhood

Property Features
Arts Centre, Park, Place Of Worship, Public Transit

Financial & Tax

Tax Annual Amount
$4,626
Tax Year
2025
Possession Type
Flexible
Possession Details
30/60/90

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
12
Kitchens Above Grade
4
Kitchens Total
4
Bedrooms Above Grade
4

Additional Details

Occupant Type
Tenant
Direction Faces
North
County Or Parish
Simcoe
Cross Street
Albert St N & Nottawasaga St
Directions
Turn onto Albert from Coldwater then Left onto Nottawasaga
Special Designation
Unknown
Showing Requirements
Showing System, List Brokerage

Location

66 Nottawasaga Street, Orillia, ON L3V 3J4, Orillia, ON, L3V 3J4

Listing courtesy of Real Broker Ontario Ltd.
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  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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