199 Nottawasaga Street Orillia, ON L3V 3K2
Listing Courtesy of: PropTX - IDX / Listed By: Casmir Realty

  199 Nottawasaga Street Orillia, ON L3V 3K2

Active
$950,000 (CAD)
5
BED
3
BATH
2000-2500
SQFT

Description

Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.

MLS®:
S13739074
Taxes
$5,853(2026)
Type
Multifamily
Style
2 1/2 Storey
County
Simcoe County
Community
Orillia

Listed By

Casmir Realty
Source
PropTX - IDX
Last checked Sep 3 2026 at 5:23 AM GMT+0000
Bathroom Details
Interior Features
  • Other
Property Features
  • Foundation: Concrete
Heating and Cooling
  • Radiant
  • None
Basement Information
  • Other
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Shingles
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • Private
Stories
  • 3
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 9/2/26 22:23