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For saleMLS® S14088928

240 Clayborne Place, Orillia, ON L3V 1M5

Orillia · L3V 1M5

$989,000

$396 / sq ft

2 weeks on market

Bedrooms
6
Bathrooms
4
Interior
2,500 sf
Parking
6
Lot
30.62 × 107.65 ft

What's special

  • 6 parking spaces
  • Separate hydro meter

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About this property

An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available

Rooms

12 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Primary BedroomMain3.40 × 2.44 m11.2 × 8.0 ft—
Primary BedroomMain4.17 × 3.86 m13.7 × 12.7 ft—
Bedroom 2Main3.38 × 2.82 m11.1 × 9.3 ft—
KitchenMain4.06 × 2.87 m13.3 × 9.4 ft—
KitchenMain3.05 × 2.92 m10.0 × 9.6 ft—
Living RoomMain3.45 × 2.90 m11.3 × 9.5 ft—
Living RoomMain4.04 × 2.92 m13.3 × 9.6 ft—
Primary BedroomSecond4.06 × 3.18 m13.3 × 10.4 ft—
Primary BedroomSecond3.51 × 2.95 m11.5 × 9.7 ft—
Bedroom 2Second3.30 × 2.69 m10.8 × 8.8 ft—
KitchenSecond3.35 × 2.92 m11.0 × 9.6 ft—
KitchenSecond4.88 × 3.40 m16.0 × 11.2 ft—

Features

  • Separate Hydro Meter

Property details

Property

Property type
multiplex
Bedrooms
6
Bathrooms
4
Interior size
2,500 sq ft
Lot size
30.62 × 107.65 ft
Zoning
Residential
Possession
n/a

Interior

Basement
Crawl Space
Heating
Baseboard · Electric
Exposure
North

Exterior & services

Construction
Brick, Vinyl Siding
Parking spaces
6
Sewer
Sewer

Costs

List price
$989,000
Property taxes
$5,516 / year (2025)
Price per sq ft
$396
Rental items
1 Hot Water Heater

Listing

MLS® number
S14088928
Status
For sale
Listed
October 16, 2026
Days on market
19
Last updated
October 16, 2026
Listing brokerage
CENTURY 21 B.J. ROTH REALTY LTD.

Price & sale history

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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 75% of comparable multiplex listings in Orillia are asking less.

$580KMedian $755K$1.21M
This home
$396 / 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 payment7.5% · minimum $73,900
$73,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$5,059.74
Property tax (est.)
$459.67
Estimated monthly
$5,519

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
$16,255
Total due on closing
$16,255

An estimate on the asking price of $989,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD.. 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.

$989,000

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