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Back to search Home Countries Canada 371 Barrie Road
$1,098,000

371 Barrie Road

Orillia, Canada
10 beds 9 baths Tenant

About this home

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.

Property facts

Property type
Tenant
Bedrooms
10
Bathrooms
9
Year built
2018
Days on market
72 days

Features & amenities

Features & finishes
two expansive above-ground floors with eight bedrooms each with private bathroom
self-contained walk-out lower level with two-bedroom
two-bathroom apartment
private parking
modern construction
turnkey

Location

Map unavailable
Approximate location · exact address shared on inquiry

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