$1,245,000
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22 Olive Crescent, Orillia, ON L3V1G1

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7 Beds
4 Baths
- Sq Ft

RENOVATED LEGAL FOURPLEX WITH MAJOR UPGRADES, LAKE SIMCOE ACROSS THE ROAD & INCOME-PRODUCING POTENTIAL! Secure an income-focused legal fourplex on nearly half an acre, positioned across from Lake Simcoe with renovated suites, strong rental potential, and neighbouring higher-end homes adding to the area's appeal. Set on an impressive 87 x 203 ft lot, 22 Olive Crescent speaks to investors, entrepreneurs, and multi-family buyers looking beyond the ordinary income property. Live in one unit, keep family close in another, and generate rental income from the remaining suites, or lease all four to capture current market value. The property offers a versatile mix of one-bedroom, three-bedroom, one-bedroom plus den, and two-bedroom suites, with only one unit below grade. Three units are currently vacant, giving the next owner control over tenant selection and market rents from day one, while three of the four suites have been extensively renovated with updated kitchens, bathrooms, flooring, trim, interior doors, and appliances. With 8 parking spaces, separate utilities except water, a common coin-operated laundry, storage, and major improvements including the roof, insulation, siding, basement waterproofing, sump pump, and ongoing landscaping enhancements, much of the heavy lifting has already been done. Minutes from Kitchener Park, beaches, boat launches, downtown Orillia, Orillia Soldiers' Memorial Hospital, schools, shops, and local parks. (id:58753)

Listing By: PEGGY HILL - RE/MAX HALLMARK PEGGY HILL GROUP REALTY cncrea2 Realty.com
  • MLS® S13160936
  • Date Listed05/22/2026
  • Days on Realty 15 Days
  • Bedrooms 7
  • Bathrooms 4 baths
  • Lot Size -
  • Sewer Other
  • Property Type Quadruplex
  • Water Public

Interior Features

  • Appliances Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Water Heater
  • Cooling Wall unit
  • Heating Baseboard heaters, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Irregular lot size, Flat site, Conservation/green belt, Dry, Carpet Free, Sump Pump

Directions

Cross Streets: West Street S/Olive Cres. ** Directions: Hwy 12/West Street S/Olive Cres.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for L3V1G1

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

Walkability in ON / L3V1G1

Source: Walk Score

29/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

38/100

Bikable

Bike Score ®

Overview

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 22/100, Transit Score: 0/100, Bike Score: 38/100.

Points of Interest near 22 OLIVE CRESCENT, Orillia, ON L3V1G1

Frequently Asked Questions for 22 OLIVE CRESCENT

Source: Realty.com

22 OLIVE CRESCENT, Orillia, ON L3V1G1 in Orillia, ON L3V1G1 is a quadruplex listed at $1,245,000. Highlights include 7 bedrooms, 4 bathrooms. Realty.ca has 19 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 19 photos of 22 OLIVE CRESCENT.

The full address for this home is 22 OLIVE CRESCENT, Orillia, ON L3V1G1.

22 OLIVE CRESCENT has been listed on Realty.com since Fri May 22, 2026

Most errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 22/100, Transit Score: 0/100, Bike Score: 38/100.

Listing provided courtesy of: RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Listing agent: PEGGY HILL

This content last refreshed on 2026-06-06 07:26:37. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.