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371 Barrie Road in Orillia for sale

Asking price
$1,098,000
Estimate (Jun 18)
$1,025,326
MLS #:
S13464316
Type:
Duplex, 2-Storey
Approx. SQFT:
2500-3000
Basement:
Full, Walk-Up
8+2 8+2
50 x 137 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Sld Mar 02, 2012 $116,500
Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) 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.

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  • Date Listed: Thursday, June 18, 2026
  • Listing Brokerage: Re/Max Hallmark Chay Realty - Disclaimer: The information contained in this listing has not been verified by Re/Max Hallmark Chay Realty and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 371 Barrie Road
  • City: Orillia

    More 8 bedrooms homes for sale in Orillia

  • Neighbourhood: Orillia
  • Major Intersection: Hwy 12 & Mississauga St W
  • Full Address: 371 Barrie Road, Orillia, L3V 2S1, Canada, ON, Canada
  • Living Room:
  • Kitchen:
  • Living Room:
  • Kitchen:
  • Kitchen:
  • Amenities:
  • Taxes: $7,408.00 (2025)
Living15 x 13 ft195 sq ft
Kitchen13 x 11 ft143 sq ft
Primary12 x 10 ft120 sq ft
2nd Br12 x 10 ft120 sq ft
3rd Br12 x 10 ft120 sq ft
4th Br12 x 10 ft120 sq ft
Living16 x 13 ft208 sq ft
Kitchen13 x 10 ft130 sq ft
Primary12 x 10 ft120 sq ft
2nd Br12 x 11 ft132 sq ft
3rd Br12 x 10 ft120 sq ft
Rec24 x 16 ft384 sq ft
Kitchen12 x 11 ft132 sq ft
Br15 x 13 ft195 sq ft
Br14 x 11 ft154 sq ft
Laundry13 x 9 ft117 sq ft
4th Br14 x 11 ft154 sq ft
Bathroom12 x 10 ft120 sq ft
Bathroom12 x 10 ft120 sq ft
Bathroom12 x 10 ft120 sq ft

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.