$549,900
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155 Atherley Road, Orillia, ON L3V1N5

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5 Beds
2 Baths
- Sq Ft

Welcome to 155 Atherley Road in Orillia - an excellent opportunity for investors, first time buyers, or those looking for future development potential. This versatile property features two self-contained apartments, offering flexibility for a variety of living and income-generating arrangements. The upper unit includes 3 bedrooms, while the lower unit offers 2 spacious bedrooms-ideal for extended family living or rental income. The home has been recently painted throughout and shows exceptionally well, making it move-in ready. Additional updates include new flooring, countertops, light fixtures and more. With the property currently vacant, buyers have the rare advantage of setting their own rents or occupancy plans from day one. Projected rental income is strong, with estimates of approximately $2, 100/month for the upper unit and $1, 750/month for the lower unit. Whether you choose to live in one unit and rent the other, lease both units as a full investment property, or explore future redevelopment options, the possibilities here are substantial. An added highlight is the potential to create a separate entrance off Millard Street, which may allow for a duplex or 4-plex as per city zoning - further enhancing the property's income potential and long-term value (subject to municipal approvals). Located in a desirable area of Orillia close to amenities, parks, and walking distance to Tudhope Park on Couchiching Lake, this property is a smart addition to any real estate portfolio or a flexible option for homeowners seeking supplemental income. NOTE for builders: the property beside this one is also for sale. Buying both would allow for even more options for its use! (id:58753)

Listing By: STEVE GUNSON - SUTTON GROUP INCENTIVE REALTY INC. cncrea2 Realty.com
  • MLS® S13085826
  • Date Listed05/05/2026
  • Days on Realty 32 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Other
  • Property Type Duplex
  • Water Public

Interior Features

  • Appliances Two stoves, Two Refrigerators
  • Cooling None
  • Heating Forced air, Natural gas

Exterior / Lot Features

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

Directions

Cross Streets: Atherley/Millard. ** Directions: Hwy 12 left on Atherley.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L3V1N5

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

Walkability in ON / L3V1N5

Source: Walk Score

75/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

77/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

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 155 ATHERLEY ROAD, Orillia, ON L3V1N5

Frequently Asked Questions for 155 ATHERLEY ROAD

Source: Realty.com

155 ATHERLEY ROAD, Orillia, ON L3V1N5 in Orillia, ON L3V1N5 is a duplex listed at $549,900. Highlights include 5 bedrooms, 2 bathrooms. Realty.ca has 43 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 43 photos of 155 ATHERLEY ROAD.

The full address for this home is 155 ATHERLEY ROAD, Orillia, ON L3V1N5.

155 ATHERLEY ROAD has been listed on Realty.com since Tue May 05, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

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: SUTTON GROUP INCENTIVE REALTY INC.
Listing agent: STEVE GUNSON

This content last refreshed on 2026-06-06 20:44:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.