371 BARRIE ROAD, Orillia
10 BEDS · 9 BATHS · 2500 - 3000 sqft
$1,098,000
Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
General Info
| MLS Listing ID: S13464316 | Bedrooms: 10 | Bathrooms: 9 | Year Built: 0 |
| Listing Type: Multi-family | Half Baths: 1 | Fireplace Fuel: N/A | Maintenance Fee: N/A |
| Foundation: Block | Roof: N/A | Title To Land: N/A | Parking Space Total: 5 |
| Parking: No Garage | Heating: Forced air | Size: 2500 - 3000 sqft | Air Conditioning : Central air conditioning |
| Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Full |
| Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |









































