ON > Orillia > Orillia
Orillia, ON L3V 3J4,66 Nottawasaga ST
Orillia, ON L3V 3J4,66 Nottawasaga ST
Orillia, ON L3V 3J4,66 Nottawasaga ST
Orillia, ON L3V 3J4,66 Nottawasaga ST
Orillia, ON L3V 3J4,66 Nottawasaga ST
Orillia, ON L3V 3J4,66 Nottawasaga ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 999,900
Est. payment | /mo

4 Beds

4 Baths

Save
$ 999,900
Est. payment | /mo
Save

4 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Orillia

MLS Listing ID S12308303

Style 2-Storey

Bedrooms 4

Annual Tax Amount $4,353

Tax Year 2025

Property Sub-Type Fourplex

Property Description

7.5% cap rate! Position yourself in the heart of Orillia-one of Ontario's fastest-growing & most consistently sought-after real estate markets. This fully legal, solid-brick fourplex offers immediate cash flow, long-term stability, and a level of quality rarely seen in income properties. With four beautifully updated one-bedroom units, this building blends historical charm with contemporary upgrades, appealing to discerning tenants & savvy investors alike. Meticulously renovated over the past four years, the property has undergone extensive capital improvements a new roof (2019), high-efficiency furnaces (2020), AC units for main floor apartments, new concrete walkways (2022), and fresh exterior enhancements such as new decks, upper-level siding, & a dedicated storage shed (2023). With no deferred maintenance, this is a truly turnkey asset. A recent fire & building inspection in January 2025 confirms full compliance with all municipal codes, ensuring peace of mind and regulatory clarity for any investor. Designed for long-term operational ease, the building includes five separate hydro meters, private entrances for each unit, shared basement laundry, and a newly paved four-carparking lot. These thoughtful upgrades enhance both tenant satisfaction & property management efficiency. The flexible zoning also allows for a variety of rental strategies, whether continuing with traditional long-term tenants or exploring mid-term furnished rental opportunities. Located just a short walk from Orillia's bustling downtown, tenants enjoy direct access to a wealth of amenities including restaurants, cafes, boutique shops, the public library, and Lakehead University. The nearby boardwalk and waterfront trails further enhance the area's appeal, contributing to strong and consistent rental demand. If you're looking to expand your real estate portfolio with a high-performing, low-maintenance asset this 4plex presents a unique opportunity to secure proven income in a thriving area.

Location

Province ON

County Simcoe

Community Orillia

Area Simcoe

Rooms

Family Room No

Basement Unfinished, Full

Kitchen 4

Interior

Interior Features Accessory Apartment, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater Owned

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck, Patio, Landscaped, Porch

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 35.0

Lot Depth 130.0

Total Parking Spaces 4

Building

Unit Features Arts Centre,Park,Place Of Worship,Public Transit

Foundation Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by Keller Williams Co-Elevation Realty, Brokerage
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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