371 Barrie Road, Orillia, Ontario

$1,098,000

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10

Beds

9

Baths

About 371 Barrie Road

Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) 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 this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning. (id:6289)

More Info on this Orillia Duplex MLS® listing

371 Barrie Road is a duplex listing for sale in Orillia. The MLS® number is S13464316. It features 10 bedrooms, 9 bathrooms. It's currently listed for $1,098,000. For more details on MLS® S13464316, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This duplex listing in Orillia is available now!

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Features of 371 Barrie Road

Listing # S13464316
Price $1,098,000
Bedrooms 10
Bathrooms 9.00
Half Baths 1
Type Multi-family
Sub-Type Duplex

Community Information

Address 371 Barrie Road
Area Orillia
Subdivision Orillia
City Orillia
Province Ontario
Postal Code L3V2S1

Amenities

Parking Spaces 5
Parking No Garage
Garages No Garage
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement No
Basement Full, Walk-up

Exterior

Exterior Vinyl siding
Lot Description 50 x 137 FT
Foundation Block

Listing Details

OfficeRE/MAX HALLMARK CHAY REALTY

Listing Map

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