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199 Nottawasaga Street

Orillia, Orillia, ON L3V 3K2

$950,000

5 bed · 3 bath · 2000-2500 sq ft · Triplex

Listing Brokerage: CASMIR REALTY

About this home

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.

Details

MLS® #
S13739074
Type
Triplex
Style
2 1/2 Storey
Bedrooms
5
Bathrooms
3
Kitchens
3
Approx. sq ft
2000-2500
Lot size
50.64 x 216.9 Feet
Basement
Other
Heating
Radiant / Gas
Cooling
None
Garage
None
Parking spaces
5
Sewer
Sewer
Taxes
$5,853 (2026)
Community
Orillia
Cross street
Nottawasaga St/Cameron St

Location

Listing information is provided through the PropTx IDX Datafeed and is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Listing data last updated October 20, 2026 5:18 am.

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