16 Albert Street, Orillia, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $575,000 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.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 49.93 x 106.04 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.5 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient baseboard heating via electric
Description
Turnkey Duplex Investment Opportunity Offering Two Fully Renovated Units With Extensive Upgrades & Strong Income Potential. This Property Features Six Total Bedrooms Across Two Spacious Three-Bedroom Units-Ideal For Investors, Multi-Generational Living, Or An Owner-Occupied Income Property. Main Floor Unit Was Fully Renovated In February 2026 & Features Wide-Plank Luxury Vinyl Flooring, Ceramic Tile, A Brand-New Kitchen With Updated Cabinetry & Counters, & A New Bathroom. Includes Stainless Steel Fridge & Stove Plus In-Suite Washer & Dryer. Upper Level Unit Was Fully Renovated In September 2025 With Wide-Plank Luxury Vinyl Flooring, A New Kitchen, & An Updated Bathroom. Includes Stainless Steel Fridge, White Stove, & A Dedicated Oversized Laundry Room With Washer & Dryer On The Same Level. Forced-Air Heating Throughout With Supplemental Electric Baseboard Heaters In Bedrooms & Bathroom.Major Capital Upgrades Include New Siding & Windows (Dec 2025), Updated Wall Insulation During Renovations, New Furnace & A/C (2023), Updated Electrical Wiring & Breakers, New Garage Door & High-Power Silent Opener, Plus A Fully Fenced Backyard & Powered Garage.Excellent Location Steps To Downtown Orillia Shops & Restaurants, Under 3 Minutes To Soldiers' Memorial Hospital, & Less Than 10 Minutes To Hwy 11 & Major Shopping.A Fully Upgraded Duplex In A Revitalizing Neighbourhood-An Exceptional Opportunity For Investors Seeking Long-Term Value & Income Potential.
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Property Summary
This duplex located at 16 Albert Street, Orillia is currently for sale and has been available on SousaSells for 39 days. This property is listed at $575,000 with an estimated mortgage of $1,914* per month. It has 6 beds, 2 bathrooms, and is 2000-2500 square feet. 16 Albert Street, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Marina, Park, Place Of Worship, Public Transit, School
Interior Features
Carpet Free
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
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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 Albert Street N, Orillia, ON L3V 5K1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Orillia, ON
For a property listed at $575,000 in Orillia, the legal minimum down payment is $32,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,975 for this transaction. As this listing is in Orillia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,975.
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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.