$799,900
109 Albert Street S, Orillia, ON L3V 5L1
Orillia
Listing courtesy of PAINTED DOOR REALTY
Orillia · L3V 1M5
$989,000
$396 / sq ft2 weeks on market
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
12 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Primary Bedroom | Main | 3.40 × 2.44 m11.2 × 8.0 ft | — |
| Primary Bedroom | Main | 4.17 × 3.86 m13.7 × 12.7 ft | — |
| Bedroom 2 | Main | 3.38 × 2.82 m11.1 × 9.3 ft | — |
| Kitchen | Main | 4.06 × 2.87 m13.3 × 9.4 ft | — |
| Kitchen | Main | 3.05 × 2.92 m10.0 × 9.6 ft | — |
| Living Room | Main | 3.45 × 2.90 m11.3 × 9.5 ft | — |
| Living Room | Main | 4.04 × 2.92 m13.3 × 9.6 ft | — |
| Primary Bedroom | Second | 4.06 × 3.18 m13.3 × 10.4 ft | — |
| Primary Bedroom | Second | 3.51 × 2.95 m11.5 × 9.7 ft | — |
| Bedroom 2 | Second | 3.30 × 2.69 m10.8 × 8.8 ft | — |
| Kitchen | Second | 3.35 × 2.92 m11.0 × 9.6 ft | — |
| Kitchen | Second | 4.88 × 3.40 m16.0 × 11.2 ft | — |
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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 above most comparable listings — about 75% 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 $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.
What similar homes in this area actually sold for.
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