About 116 Albert Street S
Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home.
Features of 116 Albert Street S
| MLS® # | S13657948 |
|---|---|
| Price | $649,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Square Footage | 1500-2000 |
| Acres | 0.00 |
| Type | Residential Freehold |
| Sub-Type | Triplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 116 Albert Street S |
|---|---|
| Area | Simcoe |
| Subdivision | Orillia |
| City | Orillia |
| Province | ON |
| Postal Code | L3V 5L2 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Basement | Full, Unfinished |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | FARIS TEAM REAL ESTATE BROKERAGE |
|---|