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$1,128,900

Est. payment - /mo

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4 Beds

4 Baths

New

66 Nottawasaga ST Orillia, ON L3V 3J4

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Stephan Gauthier

stephan@gauthierhomes.com +1(613) 697-7771

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Orillia

MLS Listing ID S12190211

Style 2-Storey

Bedrooms 4

Annual Tax Amount $4,353

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Position yourself in the heart of Orillia-one of Ontario's fastest-growing and most consistently sought-after real estate markets. This fully legal, solid-brick fourplex offers immediate cash flow, long-term stability, and a level of quality rarely seen in income properties. With four beautifully updated one-bedroom units, this building blends historical charm with contemporary upgrades, appealing to discerning tenants and savvy investors alike. Meticulously renovated over the past four years, the property has undergone extensive capital improvements a new roof (2019), high-efficiency furnaces (2020), AC units for main floor apartments, new concrete walkways (2022), and fresh exterior enhancements such as new decks, upper-level siding, and a dedicated storage shed (2023). With no deferred maintenance, this is a truly turnkey asset. A recent fire and building inspection in January 2025 confirms full compliance with all municipal codes, ensuring peace of mind and regulatory clarity for any investor. Designed for long-term operational ease, the building includes five separate hydrometers, private entrances for each unit, shared basement laundry, and a newly paved four-carparking lot. These thoughtful upgrades enhance both tenant satisfaction and property management efficiency. The flexible zoning also allows for a variety of rental strategies, whether continuing with traditional long-term tenants or exploring mid-term furnished rental opportunities. Located just a short walk from Orillia's bustling downtown, tenants enjoy direct access to a wealth of amenities including restaurants, cafés, boutique shops, the public library, and Lakehead University. The nearby boardwalk and waterfront trails further enhance the area's appeal, contributing to strong and consistent rental demand. If you're looking to expand your real estate portfolio with a high-performing, low-maintenance asset this fourplex presents a unique opportunity to secure proven income in a thriving area.

Location

Province ON

County Simcoe

Community Orillia

Area Simcoe

Zoning Fourplex

Rooms

Family Room No

Basement Unfinished, Full

Kitchen 4

Interior

Interior Features Accessory Apartment, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater Owned

Cooling Wall Unit(s)

Inclusions 4 Refrigerators (New 2020), 4 Stoves (New 2020). Separate Hydro Meter. Washer And Dryer As Is. 2 Furnace, Sump Pump. (Negotiable Airbnb contents, roof top/eavestrough heating system)

Exterior

Exterior Feature Deck, Patio, Landscaped, Porch

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 35.0

Lot Depth 130.0

Total Parking Spaces 4

Building

Foundation Concrete

Others

Senior Community No

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by Keller Williams Co-Elevation Realty, Brokerage

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Stephan Gauthier

Team Lead / Broker

+1(613) 697-7771