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For saleMLS® S13739074

199 Nottawasaga Street, Orillia, ON L3V 3K2

Orillia · L3V 3K2

$950,000

$475 / sq ft

2 months on market

Bedrooms
5
Bathrooms
3
Interior
2,000 sf
Parking
5
Lot
50.64 × 216.9 ft

What's special

  • 5 parking spaces

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About this property

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.

Rooms

14 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain2.04 × 2.71 m6.7 × 8.9 ftLaminate · Window
Living RoomMain3.28 × 3.07 m10.8 × 10.1 ftCeramic Floor · Combined w/Living · W/O To Deck
Bedroom 5Main2.54 × 2.84 m8.3 × 9.3 ftLaminate · Window · Closet
BathroomMain1.61 × 2.59 m5.3 × 8.5 ftCeramic Floor · Window · 4 Pc Bath
Primary BedroomSecond3.75 × 2.71 m12.3 × 8.9 ftLaminate · Closet · Window
Bedroom 2Second3.76 × 2.70 m12.3 × 8.9 ftLaminate · Closet · Window
KitchenSecond4.82 × 2.72 m15.8 × 8.9 ftLaminate · Window
BathroomSecond2.69 × 1.81 m8.8 × 5.9 ftCeramic Floor · Window · 4 Pc Bath
KitchenSecond4.85 × 1.76 m15.9 × 5.8 ftLaminate
Living RoomSecond2.21 × 7.77 m7.3 × 25.5 ftLaminate · Window
Bedroom 3Second3.75 × 2.93 m12.3 × 9.6 ftLaminate · Window · Closet
Bedroom 4Second3.42 × 4.87 m11.2 × 16.0 ftLaminate · Window · Closet
BathroomSecond—Ceramic Floor · 4 Pc Bath
LoftThird3.22 × 8.52 m10.6 × 28.0 ftLaminate · Window

Features

  • Other

Property details

Property

Property type
multiplex
Bedrooms
5
Bathrooms
3
Interior size
2,000 sq ft
Lot size
50.64 × 216.9 ft
Zoning
Residential
Possession
TBA

Interior

Basement
Other
Heating
Radiant · Gas
Exposure
North

Exterior & services

Construction
Brick
Parking spaces
5
Sewer
Sewer

Costs

List price
$950,000
Property taxes
$5,853 / year (2026)
Price per sq ft
$475

Listing

MLS® number
S13739074
Status
For sale
Listed
September 2, 2026
Days on market
63
Last updated
September 2, 2026
Listing brokerage
CASMIR 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 in line with comparable listings — about 70% of comparable multiplex listings in Orillia are asking less.

$580KMedian $755K$1.21M
This home
$475 / sq ft
Comparable median
$445 / sq ft

Based on 20 comparable active multiplex listings in Orillia. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.4% · minimum $70,000
$70,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,865.67
Property tax (est.)
$487.75
Estimated monthly
$5,353

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
$15,475
Total due on closing
$15,475

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.

$950,000

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