371 BARRIE ROAD, ORILLIA

2026-06-21
 

Quick Summary

Location
371 BARRIE ROAD, ORILLIA, Ontario L3V2S1
Price
$1,098,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2500 - 3000 sqft
Bedrooms:
8 bed +2
Bathrooms:
9
Garages:
5
Video Link:

MLS®#S13464316

Property 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 this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning. (id:32467)

Property Features

Building

  • Basement Features: Walk-up
  • Basement Type: Full
  • Cooling Type: Central air conditioning
  • Exterior Finish: Vinyl siding
  • Fireplace: No
  • Interior Size: 2500 - 3000 sqft
  • Building Type: Duplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 50 x 137 FT
  • Sewer: Sanitary sewer

Information entered by RE/MAX HALLMARK CHAY REALTY
Listing information last updated on: 2026-06-26 03:35:12


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$500,000

Your One Percent Realty Commission savings

$500,000

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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Q
What is the deal exactly, with One Percent ?

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!

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What do you charge?

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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Yes, yes, and yes.


Learn more about the One Percent Realty Deal

 

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 ...

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Karen 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 ...

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Sue 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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