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Maria Tompson
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$679,000
Available - For Sale
Listing ID: S12297601
Triplex in the Heart of Orillia Steps to Couchiching Park! This is an incredible investment opportunity for a well-maintained triplex located near trails, walking distance from Couchiching Park, public transit, downtown shops, and golf courses, offering strong tenant appeal and income potential. 2 Vacant 3-Bedroom Units with private decks, above grade with spacious layouts, ready for immediate occupancy or ideal for owner-occupier (2nd 3 bedroom unit will be vacated July 31, 2025). Set your rent, current average 3 bedroom rent in Orillia is $2,400/mth. One - 1Bedroom below-grade unit is currently tenanted at $640.00/mth including utilities except internet and phone. Tenant is responsible for year round yard maintenance. Garage for additional storage or rental income potential. Metal Roof approx. 5 years old for long-term durability and minimal maintenance with new soffit and fascia in 2024. Recent Updates to Unit 12 include: new electrical panel-2024, fresh paint throughout, new kitchen & 3rd bedroom flooring, new light fixtures & 1 ceiling fan, outlets and switches, upgraded bathroom vanity & toilet, new baseboards-2025, features a gas fireplace in the living room, rough in for in unit laundry and separate water, electrical and gas meters. Unit 10 and 10B share electrical, water & gas meters. Shared laundry in basement. This property is a legal duplex with current use as a triplex. The process has been started with The City of Orillia to qualify as a legal triplex, including completed plans and upgraded electrical panel. Separate entrances for each unit, with excellent upside for investors or multi-generational living. Vacant units give the flexibility to set your own rents or live in one while renting the others. Approx. 90 minutes to Toronto, Orillia continues to grow as a vibrant lakeside community with expanding infrastructure and amenities. Don't miss this rare opportunity to own a cash-flow-ready triplex in one of Orillia's most desirable locations!
Price $679,000
Taxes: $5,499.98
Assessment Year: 2025
Occupancy by: Partial
Address: 12 King's Cour , Orillia, L3V 6S4, Simcoe
Acreage: < .50
Directions/Cross Streets: Laclie Street and North Street
Rooms: 12
Rooms +: 4
Bedrooms: 6
Bedrooms +: 1
Washrooms: 3
Family Room: F
Basement: Full
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  4 Main
Washroom 3:  4 Basement
Washroom 4:  0
Washroom 5:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Wood
Garage Type: Attached
Drive Parking Spaces: 4
Pool: None
Approximatly Age: 31-50
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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Century 21 B.J. Roth Realty Ltd.

12 King's Cour , Orillia, L3V 6S4, Simcoe

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Maria Tompson
Sales Representative
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416-548-7854
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Type: Freehold - Triplex
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style: 2-Storey
Lot Size: x 98.60(Feet)
Approximate Age: 31-50
Tax: $5,499.98
Maintenance Fee: $0
Beds: 6+1
Baths: 3
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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