261 Barrie Road
Orillia, Ontario L3V2R4

5 beds · 5 baths · 1999.983 - 2499.9795 sqft

A lucrative opportunity to own a duplex with a garden suite, offering three self-contained units! This exceptional property provides a perfect mix of comfort, convenience, and rental income potential. Whether you're aiming to expand your investment portfolio or seeking a residence with additional rental income, this property has it all. Conveniently located in the heart of Orillia, close to amenities, parks, and transportation routes. The main building comprises two spacious units with a total of six bedrooms and four bathrooms. In addition, the fully self-contained garden suite generates additional year-round income, providing a gross monthly income of $5500. Three separate hydro meters. **** EXTRAS **** 3 hydro meters (id:39198)

Facts & Features

Building Type House, Detached

Year built

Square Footage 1999.983 - 2499.9795 sqft

Stories 1.5

Bedrooms 5

Bathrooms 5

Parking 4

NeighbourhoodOrillia

Land size 67.3 x 220.3 FT

Heating type Forced air

Basement typeN/A (Finished)

Parking Type

Time on REALTOR.ca3 days

This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.

Brokerage Name: CRESCENT REAL ESTATE INC.

Powered by: REALTOR.ca

Home price

$849,000

Start with 2% down and save toward 5% in 3 years*

* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.

$7,723 / month

Rent $6,829

Savings $893

Initial deposit 2%

Savings target Fixed at 5%

Start with 5% down and save toward 5% in 3 years.

$6,806 / month

Rent $6,620

Savings $186

Initial deposit 5%

Savings target Fixed at 5%

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