New
53
New
58
$774,999
3118 Emperor Drive, Orillia, ON L3V 0G4
Orillia
5 bd
3 ba
2,500 sf
4
5 days on marketMLS® S13752688
Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE
Orillia · L3V 3K2
$950,000
$475 / sq ft1 weeks on market
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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.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 74% of comparable multiplex listings in Orillia are asking less.
Based on 23 comparable active multiplex listings in Orillia. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CASMIR 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.
Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE
$774,999
Orillia
Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE
$859,900
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Listing courtesy of Real Broker Ontario Ltd.
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Listing courtesy of Century 21 B.J. Roth Realty Ltd.
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Listing courtesy of Gold Estate Realty Inc.
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Listing courtesy of RE/MAX HALLMARK CHAY REALTY
