28 West St N, Orillia, ON

Name: 28 West St N, For Sale in Orillia - Zoocasa
Brand: RIGHT AT HOME REALTY
SKU: S13140550
Price: 889000 CAD

House

For Sale

Listed price in listed location currency (CAD).

$889,000

633

MLS® S13140550

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage None

Taxes $5,955

Days Active 0

Lot Size

Approx. Age

MLS® Number S13140550

Property Address: 28 West St N, Orillia, ON, L3V5B8

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey income opportunity in the heart of downtown Orillia. This Brand new fully renovated never live in fully 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, complex 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.

MLS® NumberS13140550

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageNone

Approx. Age

BasementWalk-Up, Finished, Separate Entrance, Apartment

DrivewayGarage Type:None

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Rooms

Change to metres

Living Room:15.42 × 13.78 ft

Price History

-End Date

Not Sold YetSold Price

For Sale

May 18, 2026List Date

$889,000List Price

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $526,000 and $1,071,000.

Similar properties in this area sold on average for: $526,666

Expected to sell in 37 days. Similar properties sold in 37 days. This home has been on Zoocasa for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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