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28 West Street N in Orillia has been sold

MLS #:
S13140550
Type:
Detached, 2-Storey
Approx. SQFT:
1500-2000
Basement:
Walk-Up, Finished
6 6
30.28 x 111.76 ft lot
PROPERTY HISTORY
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Pc N/A N/A N/A
0000-00-00 $00000 Pc N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Lsd Sep 13 $1,900
0000-00-00 $00000 Pc N/A N/A N/A
0000-00-00 $00000 Pc N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sld N/A N/A
Turnkey Residential income opportunity in the heart of downtown Orillia. This Brand new fully renovated never lived in Multi Use legal triplex is a rare offering for investors and Home Ownership seeking strong cash flow, low operating costs, and long-term appreciation. Each of the three self-contained units features 2 bedrooms, 1 living space, and a 3-piece bathroom, along with a separate laundry for each suite and all appliances inclusive (stove & fridge). Designed for tenant comfort and independence, every unit also benefits from separate gas and hydro meters, significantly reducing landlord expenses. Adding to its appeal, includes Private parking space at rear of building -a highly desirable feature in a central downtown location. Projected rental income based on current market conditions is approximately $5,600/month ($67,200 annually), delivering a strong ~5.7%-6.0% cap rate depending on purchase price. This makes the property ideal for investors looking for immediate income with upside potential. Flexible ownership options allow you to rent all three units for maximum cash flow, or live in one unit while the others offset your mortgage, making it equally attractive for owner-investors. Situated steps to Orillia's vibrant downtown core, tenants enjoy easy access to shops, restaurants, waterfront parks, and major amenities, supporting consistent rental demand and long-term stability. A clean, efficient, income-producing asset in a growing market-this is the type of property serious investors look for.

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  • Date Listed: Monday, May 18, 2026
  • Listing Brokerage: Right At Home Realty - Disclaimer: The information contained in this listing has not been verified by Right At Home Realty and should be verified by the buyer.
  • City: Orillia

    More 6 bedrooms homes for sale in Orillia

  • Neighbourhood: Orillia
  • Major Intersection: Coldwater Rd & West Street N
  • Full Address: 28 West Street N, Orillia, L3V 5B8, Canada, ON, Canada
  • Living Room: hardwood floor, Fireplace Insert
  • Kitchen: hardwood floor, Large Window, Eat-In Kitchen
  • Living Room: hardwood floor, Large Window
  • Kitchen: hardwood floor, Eat-In Kitchen, Combined W/Family
  • Living Room: Tile Floor, Large Window
  • Kitchen: Tile Floor, Eat-In Kitchen, Combined W/Living
  • Amenities:
  • Taxes: $5,954.76 (2025)
Foyer4 x 22 ft88 sq ft
Living10 x 20 ft200 sq ft
Kitchen14 x 10 ft140 sq ft
Br10 x 16 ft160 sq ft
2nd Br10 x 10 ft100 sq ft
Bathroom6 x 4 ft24 sq ft
Living14 x 15 ft210 sq ft
Kitchen9 x 10 ft90 sq ft
Br10 x 7 ft70 sq ft
2nd Br11 x 14 ft154 sq ft
Bathroom6 x 7 ft42 sq ft
Living17 x 17 ft289 sq ft
Kitchen10 x 9 ft90 sq ft
Br8 x 10 ft80 sq ft
2nd Br10 x 10 ft100 sq ft
Bathroom10 x 5 ft50 sq ft

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