116 Albert Street S Orillia, ON L3V 5L2
Listing Courtesy of: PropTX - IDX / Listed By: Faris Team Real Estate Brokerage

  116 Albert Street S Orillia, ON L3V 5L2

Active
$649,000 (CAD)
4
BED
3
BATH
1500-2000
SQFT

Description

Top 5 Reasons You Will Love This Home: 1) Affordable investment property generating nearly $50,000 in annual income, offering an excellent opportunity for investors seeking strong returns 2) Legal triplex with numerous recent improvements including a new roof (2024), new eavestroughs (2025), two major suite modernizations completed in 2022 and 2025, and a new furnace (2026) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement.

MLS®:
S13657948
Taxes
$3,326(2025)
Type
Multifamily
Style
2-Storey
County
Simcoe County
Community
Orillia

Listed By

Faris Team Real Estate Brokerage
Source
PropTX - IDX
Last checked Aug 10 2026 at 7:22 PM GMT+0000
Bathroom Details
Interior Features
  • None
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • None
Basement Information
  • Full
  • Unfinished
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Asphalt Shingle
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Private Triple
Stories
  • 2
Location
   
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Disclaimer: Copyright 2026 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/10/26 12:22