NewFor Sale

199 Nottawasaga Street
Orillia, Simcoe, ON, L3V 3K2

Triplex
TRREB
MLS® Number: S13739074
Estimated Value
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$950,000List Price
5Bedrooms
3Bathrooms
5Garages
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Current valuation for 199 Nottawasaga Street, Orillia, ON L3V 3K2. Listed for $950,000 on 2026-11-02

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Description

Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.

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Summary

Tax:$5,853 / 2026
Listing #:S13739074
Property Type:Triplex, 2 1/2 Storey
Size:2000-2500 feet²
Land Size:50.64 x 216.9
Days on CPRB:
Garage:None 5 garage
Locker:None
On CPRB Since:
Listing Brokerage:CASMIR REALTY

Rooms

Details

Property

Property Type:Triplex
Style:2 1/2 Storey
Community:Orillia
Municipality:Simcoe

Building

Size:2000-2500 feet²
Construction:Brick

Inside

Bedrooms:5
Bedrooms Above Grade:5
Bathrooms:3
Bathrooms Detail:1, 4pc Main floor
Bathrooms Detail:1, 4pc Main floor
Bathrooms Detail:1, 4pc Upper floor
Kitchens:3
Rooms:16
Family Room:Yes
Appliances Included:Other
Basement:Other

Parking

Driveway:Private
Garage Type:None
Garage Spaces:5
Total Parking Spaces:5

Utilities

Cooling:None
Heating Type:Radiant
Heating Fuel:Gas
Utility Sewer:Sewer

Land

Cross Street:Nottawasaga St/Cameron St

$950,000

List price

199 Nottawasaga Street, Orillia – 5 bed Triplex for sale · MLS® # S13739074