416 Gill Street, Orillia, ON L3V 4K6
Orillia, ON, L3V 4K6 · Orillia
About this property
The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey.
Features & Amenities
- Basement: Apartment
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Bungalow-Raised
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | Bungalow-Raised |
| Bedrooms | 8 |
| Bathrooms | 4 |
| Lot Size | 14,762 Feet |
| Basement | Apartment |
| Garage | None |
| Parking Spaces | 8 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $7,785 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Separate Heating Controls, Generator - Partial
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- Bungalow-Raised
- Construction Materials
- Brick
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Apartment
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 8
- Parking Total
- 8.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 14761.78
- Lot Size Units
- Feet
- Lot Depth
- 197.35
- Lot Width
- 74.80
Financial & Tax
- Tax Annual Amount
- $7,785
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- Immediate
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 16
- Kitchens Above Grade
- 4
- Kitchens Total
- 4
- Bedrooms Above Grade
- 8
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Simcoe
- Cross Street
- Highway 12 and Gill
- Directions
- Highway 12 to North on Gill Street
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
416 Gill Street, Orillia, ON L3V 4K6, Orillia, ON, L3V 4K6