22
$989,000
240 Clayborne Place, Orillia, ON L3V 1M5
Orillia
6 bd
4 ba
2,500 sf
6
2 weeks on marketMLS® S14088928
Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD.
1 / 45
For saleMLS® S13464316
371 Barrie Road, Orillia, ON L3V 2S1
Orillia · L3V 2S1
$1,098,000
$439 / sq ft4 months on market
- Bedrooms
- 8+2
- Bathrooms
- 9
- Interior
- 2,500 sf
- Parking
- 5
- Lot
- 50 × 137 ft
- Age
- 6-15 years
What's special
- 5 parking spaces
- Central air
About this property
Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
Rooms
20 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 4.51 × 3.91 m14.8 × 12.8 ft | — |
| Kitchen | Main | 3.90 × 3.29 m12.8 × 10.8 ft | — |
| Primary Bedroom | Main | 3.69 × 3.01 m12.1 × 9.9 ft | 3 Pc Ensuite |
| Bedroom 2 | Main | 3.61 × 3.04 m11.8 × 10.0 ft | 3 Pc Ensuite |
| Bedroom 3 | Main | 3.64 × 3.01 m11.9 × 9.9 ft | 3 Pc Ensuite |
| Bedroom 4 | Main | 3.61 × 3.09 m11.8 × 10.1 ft | 3 Pc Ensuite |
| Living Room | Second | 4.90 × 3.91 m16.1 × 12.8 ft | — |
| Kitchen | Second | 3.90 × 2.90 m12.8 × 9.5 ft | — |
| Primary Bedroom | Second | 3.58 × 3.01 m11.7 × 9.9 ft | 3 Pc Bath |
| Bedroom 2 | Second | 3.61 × 3.21 m11.8 × 10.5 ft | 3 Pc Ensuite |
| Bedroom 3 | Second | 3.61 × 3.09 m11.8 × 10.1 ft | 3 Pc Ensuite |
| Bedroom 4 | Second | 4.35 × 3.44 m14.3 × 11.3 ft | — |
| Bathroom | Second | 3.69 × 3.01 m12.1 × 9.9 ft | 3 Pc Ensuite |
| Recreation | Lower | 7.42 × 4.90 m24.3 × 16.1 ft | W/O To Yard |
| Kitchen | Lower | 3.64 × 3.44 m11.9 × 11.3 ft | — |
| Bedroom | Lower | 4.53 × 3.88 m14.9 × 12.7 ft | 3 Pc Ensuite · Walk-In Closet(s) |
| Bedroom | Lower | 4.35 × 3.44 m14.3 × 11.3 ft | — |
| Laundry | Lower | 3.91 × 2.85 m12.8 × 9.4 ft | — |
| Bathroom | Lower | 3.69 × 3.01 m12.1 × 9.9 ft | 2 Pc Bath |
| Bathroom | Lower | 3.69 × 3.01 m12.1 × 9.9 ft | 3 Pc Bath |
Features
- None
Property details
Property
- Property type
- multiplex
- Bedrooms
- 8 + 2
- Bathrooms
- 9
- Interior size
- 2,500 sq ft
- Year built
- 6-15
- Lot size
- 50 × 137 ft
- Possession
- Flexible
Interior
- Basement
- Full, Walk-Up
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Exposure
- South
Exterior & services
- Construction
- Vinyl Siding
- Parking spaces
- 5
- Sewer
- Sewer
Costs
- List price
- $1,098,000
- Property taxes
- $7,408 / year (2025)
- Price per sq ft
- $439
Listing
- MLS® number
- S13464316
- Status
- For sale
- Listed
- June 18, 2026
- Days on market
- 139
- Last updated
- September 30, 2026
- Listing brokerage
- RE/MAX HALLMARK CHAY REALTY
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 80% of comparable multiplex listings in Orillia are asking less.
$580KMedian $755K$1.21M
- This home
- $439 / sq ft
- Comparable median
- $452 / sq ft
Based on 20 comparable active multiplex listings in Orillia. These are asking prices, not sale prices.
Mortgage estimate
Down payment7.7% · minimum $84,800
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $5,602.16
- Property tax (est.)
- $617.33
- Estimated monthly
- $6,219
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $18,435
- Total due on closing
- $18,435
An estimate on the asking price of $1,098,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX HALLMARK CHAY REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
Unlock nearby sold pricesFree. Takes about twenty seconds.
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