571 High Street, Orillia, ON
Property Highlights
Welcome to this remarkable Bungalow-Raised triplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium brick front and hardboard construction, this residence presents an exceptional opportunity offered at $949,900 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.
- 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 63 x 134 ft lot
- Features a full, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: Accessory Apartment, Separate Heating Controls, Separate Hydro Meter
- Efficient forced air heating via gas
Description
Turn-Key Triplex Ideal for Multi-Generational Living or Savvy Investors! Are you searching for the perfect home to accommodate a large or blended family? Or perhaps you're an investor looking for a beautifully renovated, turn-key income property? Welcome to this exceptional opportunity in the heart of Orillia, just a short stroll from Lake Simcoe and offering quick access for commuters. This impressive home has been completely transformed by a highly regarded local custom home builder and features three fully fire coded, self-contained units making it as versatile as it is stylish. Main floor features nearly 1400 sq.ft. of living area including 3 generous Bedrooms, fully updated 4pc. Bath, main floor Laundry, open concept Living area, new Rockwood Kitchen w/soft close cabinets, quartz countertops & backsplash & walkout to private deck overlooking the fenced rear portion of the 63 x 134 lot. The bright Basement features 2 separate 1 Bedroom Apartments each with full walkout to the backyard & patio area, newly installed high efficiency Baseboard heaters, stylish & updated Bathrooms! Steel roof, Forced Air Gas furnace (6 yrs. Old). 2025 renovation updates include: Eavestrough, soffit and facia; upgraded, luxury siding (Hardie board); lighting throughout the home including pot lights; windows; interior and exterior doors; baseboard and trim throughout; Freshly painted throughout; Hardwood stairs; Luxury vinyl flooring throughout; Upgraded electrical with 3 separate meters and panels with breakers (ESA certified); Main floor kitchen; renovated bathrooms x 3 units including tubs, toilets, vanities, taps, etc.; New appliances throughout (5 yr transferable warranty); Whether you're seeking a stunning multi-unit home for family, or a high-quality investment with incredible rental potential, this property checks every box. Don't miss your chance to own a fully modernized, move-in-ready triplex!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Lake/Pond, Park, Place Of Worship, Public Transit, School
Interior Features
Accessory Apartment, Separate Heating Controls, Separate Hydro Meter, Sump Pump
Security Features
Smoke Detector, Carbon Monoxide Detectors
Community Features
Location
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 571 High Street, Orillia, ON L3V 4Y2
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About Purchasing a Home in Orillia, ON
For a property listed at $949,900 in Orillia, the legal minimum down payment is $69,990 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 $15,473 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 $15,473.
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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.