We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
385 WEST STREET N, ORILLIA
2025-10-21
Quick Summary
- Location
- 385 WEST STREET N, ORILLIA, Ontario L3V5E7
- Price
- $699,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 700 - 1100 sqft
- Bedrooms:
- 4
- Bathrooms:
- 3
MLS®#S12474818
Property Description
Intensification Area Land!. Fabulous Investment Opportunity!. City of Orillia Official Plan has been consolidated on June 2nd, 2025. Excellent Investment Opportunity! Positive cashflow!! Great future development potential!!! 385 West St N features 3 fully rented units, all on month-to-month terms with solid tenants paying market-value rents. Positive cashflow!! All tenants willing to stay. Great Property Manager who takes care of all aspects of the property. Handsfree investment opportunity. The property offer a 98' Frontage By 257' depth (0.57 acres) suitable for redevelopment. The site is located within Orillia's "Intensification Area" designation - a zoning context aimed at supporting higher-density, mixed-use development. Under the City of Orillia Official Plan consolidated on June 2nd, 2025 for the Intensification Area, permitted uses include: - Stand alone multiple unit residential buildings, including all forms of townhouses and apartment buildings - Mixed use buildings combining residential units with retail, service, or office uses - Tourist accommodations, live work units, communal housing (with ancillary services) - Home occupations, elementary & secondary schools, places of worship (Church etc.), child care facilities, stand alone retail/restaurant/office/service commercial uses - Additional dwellings in existing residential dwellings, parks & recreation facilities, and public & private utilities. A Minute Away From Hwy 11. The Convenience Of Shopping, Tim Horton's, Business Depot & Canadian Tire. Close by to Golf, Parks, Baseball diamond and play grounds. Less Than 2 km From Lakehead University. Close To Orillia Square Shopping Center. Right Beside Orchard Park Public School. Financials available upon request. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Golf Nearby, Hospital, Place of Worship, Public Transit, Schools
Building
- Architectural Style: Bungalow
- Basement Type: None
- Cooling Type: None
- Exterior Finish: Brick, Vinyl siding
- Fireplace: No
- Flooring Type: Laminate
- Interior Size: 700 - 1100 sqft
- Building Type: Triplex
- Stories: 1
- Utility Water: Municipal water
Land
- Land Size: 97.4 x 257.9 FT ; 97.53 x 257.85 x 97.43 x 257.85 ft|1/2 - 1.99 acres
- Sewer: Sanitary sewer
Structure
- Structure: Shed
Zoning
- Description: R4-8I Res
Information entered by ROYAL LEPAGE IGNITE REALTY
Listing information last updated on: 2025-10-23 02:54:32
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$500,000
Your One Percent Realty Commission savings†
$500,000
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Tammy Wigley Salesperson
- Phone:
- (705) 790-1340
- Mobile:
- (705) 790-1340
- Email:
- wigleyrealestate@yahoo.ca
- Support Area:
- Barrie, Simcoe County, Angus, Essa, Alliston, Innisfil, Oro, Orillia
I have worked in the real estate industry for the past 10 years. In this time, along with my husband ...
Full ProfileKaren Yurkiw Salesperson
- Phone:
- 705-796-6433
- Email:
- karens4us@yahoo.ca
- Support Area:
- Barrie, Springwater, Angus, Orillia, Oro-Medonte, Innisfil, wasaga beach
I've been involved in the Real Estate industry for 35+ years; selling New Homes - new builds, condom ...
Full ProfileSue Nori REALTOR®
- Phone:
- 705-333-9109
- Email:
- SueNoriRealEstate@gmail.com
- Support Area:
- Barrie, Orillia, Kawartha Lakes, Muskoka, Gravenhurst, Bracebridge, Angus, Minden, Haliburton, Midland, Penetanguishene, Tay township
Sue Nori - Team Nori RealtySIMCOE/MUSKOKA/KAWARTHA LAKES REALTOR®What makes Sue unique ...
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