Investor Alert ! Seize a rare, high yield opportunity with this modern, purpose built legal duplex at 371 Barrie Street, Orillia.


Property

Website:https://www.nestseekers.com/5580225
Address:
Orillia L3V 2S1
Canada
Ownership: For Sale
Type: Duplex
Bedrooms: 10 BR
Bathrooms: 9

Financials

Price:C1,098,000
($777,400)
(€677,700)
Annual Taxes:C7,408

Description

Investor Alert! 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 and high-density living, this is a cornerstone asset for any portfolio. Full financials are available upon request for serious inquiries. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: