31 Frederick Street, Orillia, ON
Property no longer active
This property was sold on January 29, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $999,900 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.
- 2 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 60 x 146.54 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Accessory Apartment, Separate Hydro Meter, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy.
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Property Summary
This triplex located at 31 Frederick Street, Orillia is currently for sale and has been available on SousaSells for 670 days. This property is listed at $999,900 with an estimated mortgage of $3,328* per month. It has 2 beds, 4 bathrooms, and is 3000-3500 square feet. 31 Frederick Street, Orillia is in the Orillia neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 2 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Orillia, Orillia.
- •2 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Beach
- School
- Public Transit
- Lake/Pond
Interior Features
- Accessory Apartment
- Separate Hydro Meter
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 31 Frederick Street, Orillia, ON
Q.What is the asking price for 31 Frederick Street, Orillia, ON ?
The current listing price for 31 Frederick Street, Orillia, ON in Orillia, Orillia is $999,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 4 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 31 Frederick Street, Orillia, ON ?
31 Frederick Street, Orillia, ON is a Triplex (2-Storey) featuring a Partially Finished basement.
Q.What key property features does 31 Frederick Street, Orillia, ON offer?
Key property features include: Hospital, Beach, School, Public Transit, Lake/Pond.
Q.What interior features are included in this home?
Interior highlights include: Accessory Apartment, Separate Hydro Meter, Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 31 Frederick Street, Orillia, ON L3V 5W5
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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 $999,900 in Orillia, the legal minimum down payment is $74,990 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 $16,473 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 $16,473.
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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.