$989,000
240 Clayborne Place, Orillia, ON L3V 1M5
Orillia
Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD.
Orillia · L3V 3K2
$950,000
$475 / sq ft2 months on market
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.
14 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Kitchen | Main | 2.04 × 2.71 m6.7 × 8.9 ft | Laminate · Window |
| Living Room | Main | 3.28 × 3.07 m10.8 × 10.1 ft | Ceramic Floor · Combined w/Living · W/O To Deck |
| Bedroom 5 | Main | 2.54 × 2.84 m8.3 × 9.3 ft | Laminate · Window · Closet |
| Bathroom | Main | 1.61 × 2.59 m5.3 × 8.5 ft | Ceramic Floor · Window · 4 Pc Bath |
| Primary Bedroom | Second | 3.75 × 2.71 m12.3 × 8.9 ft | Laminate · Closet · Window |
| Bedroom 2 | Second | 3.76 × 2.70 m12.3 × 8.9 ft | Laminate · Closet · Window |
| Kitchen | Second | 4.82 × 2.72 m15.8 × 8.9 ft | Laminate · Window |
| Bathroom | Second | 2.69 × 1.81 m8.8 × 5.9 ft | Ceramic Floor · Window · 4 Pc Bath |
| Kitchen | Second | 4.85 × 1.76 m15.9 × 5.8 ft | Laminate |
| Living Room | Second | 2.21 × 7.77 m7.3 × 25.5 ft | Laminate · Window |
| Bedroom 3 | Second | 3.75 × 2.93 m12.3 × 9.6 ft | Laminate · Window · Closet |
| Bedroom 4 | Second | 3.42 × 4.87 m11.2 × 16.0 ft | Laminate · Window · Closet |
| Bathroom | Second | — | Ceramic Floor · 4 Pc Bath |
| Loft | Third | 3.22 × 8.52 m10.6 × 28.0 ft | Laminate · Window |
This property's sale history is hidden
TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.
Unlock sale history & sold priceFree. Takes about twenty seconds.
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 70% of comparable multiplex listings in Orillia are asking less.
Based on 20 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.
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.
$989,000
Orillia
Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD.
$799,900
Orillia
Listing courtesy of PAINTED DOOR REALTY
$825,000
Orillia
Listing courtesy of Century 21 B.J. Roth Realty Ltd.
$849,900
Orillia
Listing courtesy of Gold Estate Realty Inc.
$1,098,000
Orillia
Listing courtesy of RE/MAX HALLMARK CHAY REALTY