16 First Street, Orillia, ON

$675,000
MLS#:S12785676
4 beds
2 baths
700-1100 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] duplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $675,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 112.5 x 244 ft lot
  • Features a ["apartment", "finished with walk-out", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment, Auto Garage Door Remote, Carpet Free
  • equipped with ["wall unit(s)"] central cooling and highly efficient baseboard heating via gas

Exceptional Investment or Multi-Family Opportunity in Orillia's Sought-After North Ward! Welcome to this beautifully maintained legal duplex, double attached garage, two spacious 2-bedroom units, each featuring its own private walkout to a large rear yard - perfect for families, downsizers, or savvy investors looking for strong rental potential. Both units boast bright, open-concept layouts with generous living areas, modern kitchens, and updated finishes throughout. Each residence enjoys separate entrances, individual laundry facilities, gas fireplace, ductless heat pumps, along with a hot water boiler(replaced 2025) system c/w on demand hot water for the entire building ensuring complete comfort and privacy for both occupants. Large windows flood the interiors with natural light, while walkouts to the backyard provide seamless indoor-outdoor living and plenty of space for gardening, entertaining, or simply relaxing in the fresh air. Nestled in a quiet, family-friendly neighbourhood, this property offers the best of convenience and lifestyle. Just minutes from the shimmering shores of Lake Couchiching, you'll have easy access to beaches, walking trails, and waterfront parks. Everyday amenities are right at your doorstep - Costco, shopping centres, restaurants, Lakehead University and schools are all nearby. Commuters will appreciate the quick connection to Highway 11, while public transit and local bus stops make getting around town effortless. This duplex represents a rare opportunity to own a turn-key property in one of Orillia's most desirable areas. Live in one unit and rent the other for additional income, or add this solid, low-maintenance property to your investment portfolio. With its prime location, flexible layout, and strong community appeal, this home checks all the boxes for comfort, convenience, and long-term value. Don't miss your chance to secure this exceptional North Ward legal non-conforming duplex - where quality living meets smart investment.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 10, 2026
Sold price information is available to members only
Listed Date2/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementApartment, Finished with Walk-Out, Separate Entrance
Lot Size112.5 × 244 Feet
CountySimcoe
Annual Tax$5,019
Legal DescriptionLT 56 PL 1232 SOUTH ORILLIA EXCEPT PT 5, 51R11003; S1/2 LT 57 PL 1232 SOUTH ORILLIA; ORILLIA

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
CoolingWall Unit(s)

Features

Property Features

Interior Features

Accessory Apartment, Auto Garage Door Remote, Carpet Free, In-Law Suite, Primary Bedroom - Main Floor, On Demand Water Heater, Water Heater Owned

Security Features

Community Features

Location

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16 First Street, Orillia, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 First Street, Orillia, ON L3V 4A9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$540,000
Monthly Mortgage$3,138
Property Tax (Est.)$418
Utilities & Maint.$350
Total Monthly Cost$3,906

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Orillia.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Orillia, Orillia.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$690,484

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Lions Oval
Public25 Brant Street West, Orillia, Ontario, L3V 3N6
4.2
Harriett Todd
Public11 George Street, Orillia, Ontario, L3V 2V1
5.8
Orchard Park
Public24 Calverley Street, Orillia, Ontario, L3V 3T4
4.5
Monsignor Lee
Public14 Fittons Road East, Orillia, Ontario, L3V 2H9
5.6
Couchiching Heights
Public455 Laclie Street, Orillia, Ontario, L3V 4P7
4.6

Secondary Schools

Orillia
Public250 Collegiate Drive, Orillia, Ontario, L3V 7S5
5.5
Twin Lakes
Public381 Birch Street, Orillia, Ontario, L3V 2P5
4.9
Patrick Fogarty
Public15 Commerce Road, Orillia, Ontario, L3V 0Z2
4.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.