Duplex · For sale
371 Barrie Road, Orillia
$1,098,000
Listing brokerage: RE/MAX HALLMARK CHAY REALTY · MLS® S13464316
- Listing brokerage
- RE/MAX HALLMARK CHAY REALTY
- Type
- Duplex
- Deal
- For sale
- Category
- Residential · Multi-unit homes
- Bedrooms
- 10
- Bathrooms
- 9
- Size
- 2500-3000 sq ft
- Lot
- 50 x 137 ft
- MLS® number
- S13464316
Description
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.
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