$889,000
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28 West Street N, Orillia, ON L3V5B8

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- Beds
3 Baths
3,369 Sq Ft

Turnkey income opportunity in the heart of downtown Orillia. This fully legal triplex is a rare offering for investors seeking strong cash flow, low operating complexity, 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 seperate 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. (id:58753)

Listing By: ANDREW PISANI - RIGHT AT HOME REALTY cncrea2 Realty.com
  • MLS® S13055234
  • Date Listed04/28/2026
  • Days on Realty 39 Days
  • Bedrooms -
  • Bathrooms 3 baths
  • Lot Size -
  • Property Type Multi Family
  • Water Public
  • Square Feet 3,369 sq. ft
  • Price Per Sq. Ft $263.88

Interior Features

  • Appliances All, Washer, Dryer
  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Coldwater Rd & West Street N

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L3V5B8

Discover key demographics, population statistics, and environmental insights for the Orillia, ON area.

Walkability in ON / L3V5B8

Source: Walk Score

94/100

Walker's Paradise

Walk Score ®

0/100

Minimal Transit

Transit Score ®

64/100

Bikable

Bike Score ®

Overview

Daily errands do not require a car. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 37/100.

Points of Interest near 28 WEST STREET N, Orillia, ON L3V5B8

Frequently Asked Questions for 28 WEST STREET N

Source: Realty.com

28 WEST STREET N, Orillia, ON L3V5B8 in Orillia, ON L3V5B8 is a multi family listed at $889,000. Highlights include 3 bathrooms, 3,369 sq. ft., $264 per sq. ft.. Realty.ca has 47 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 47 photos of 28 WEST STREET N.

The full address for this home is 28 WEST STREET N, Orillia, ON L3V5B8.

28 WEST STREET N has been listed on Realty.com since Tue April 28, 2026

Daily errands do not require a car. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 37/100.

Listing provided courtesy of: RIGHT AT HOME REALTY
Listing agent: ANDREW PISANI

This content last refreshed on 2026-06-06 16:20:07. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.