28 West Street, Orillia, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Orillia. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $799,000 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.
- 0 Bedrooms and 3 Bathrooms
- Premium 30 x 111.76 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Turnkey income opportunity in the heart of downtown Orillia. This fully legal triplex is a rare offering for investors seeking strong cash flow, low operating complexity, and long-term appreciation. Each of the three self-contained units features 2 bedrooms, 1 living space, and a 3-piece bathroom, along with a seperate laundry for each suite and all appliances inclusive (stove & fridge). Designed for tenant comfort and independence, every unit also benefits from separate gas and hydro meters, significantly reducing landlord expenses. Adding to its appeal, complex includes Private parking space at rear of building -a highly desirable feature in a central downtown location.Projected rental income based on current market conditions is approximately $5,600/month ($67,200 annually), delivering a strong ~5.7%-6.0% cap rate depending on purchase price. This makes the property ideal for investors looking for immediate income with upside potential. Flexible ownership options allow you to rent all three units for maximum cash flow, or live in one unit while the others offset your mortgage, making it equally attractive for owner-investors. Situated steps to Orillia's vibrant downtown core, tenants enjoy easy access to shops, restaurants, waterfront parks, and major amenities, supporting consistent rental demand and long-term stability. A clean, efficient, income-producing asset in a growing market-this is the type of property serious investors look for.
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Property Summary
This investment located at 28 West Street, Orillia is currently for sale and has been available for 200 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 0 beds, 3 bathrooms, and is unknown square feet. 28 West Street, Orillia is in the Orillia neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Orillia, Orillia.
- •3 well-appointed bathrooms
- •Desirable Investment architecture in Orillia, Orillia
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Orillia?
If you are looking for a house in Orillia or researching Orillia real estate for sale, this investment at 28 West Street, Orillia, ON offers an exceptional opportunity to buy a home in Orillia, Ontario. Whether you are a first-time Orillia home buyer or comparing active Orillia MLS® homes for sale, working with a dedicated Orillia buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Orillia realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Orillia Buyer Budget & Costs
Estimated mortgage: $2,660*/month*. Estimated Ontario Land Transfer Tax: $12,455. First-time Orillia home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Orillia
Frequently Asked Questions about 28 West Street, Orillia, ON
Q.What is the asking price for 28 West Street, Orillia, ON ?
The current listing price for 28 West Street, Orillia, ON in Orillia, Orillia is $799,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and 3 bathrooms.
Q.What property type and architectural style is 28 West Street, Orillia, ON ?
28 West Street, Orillia, ON is a Investment () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Open in Google MapsNeighborhood Safety & Crime Analytics
Orillia, Orillia
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 28 West Street N, Orillia, ON L3V 5B8
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 $799,000 in Orillia, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.
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