66 NOTTAWASAGA STREET, Orillia, Ontario
$899,000
- 4 Beds
- 4 Baths
Why renovate an underperforming asset when you can step into a proven performer? This fully legal, solid-brick fourplex delivers 7.3% CAP, immediate cashflow, and long-term stability in the heart of Orillia one of Ontario's fastest-growing and most consistently sought-after real estate markets. With ZERO vacancy history and tenants who love the quality finishes, leasing is effortless. Over $100,000 has been invested in upgrades to ensure this is a truly turn-key asset: new concrete collar (2022), freshly paved asphalt parking (2023), main-floor AC units (2023), A new roof (2019), high-efficiency furnaces (2020), new decks (both front and back), upper-level siding (2022), new storage shed (2022), attic insulation (2020), roof & eaves heating lines to prevent icicles (2021).The property features four updated one-bedroom units with private entrances, five separate hydro meters, shared basement laundry, and a four-car parking lot. Tenants appreciate the thoughtful design and modern finishes, ensuring strong retention and consistent returns. Located within walking distance of downtown Orillia's restaurants, shops, library, Lakehead University, waterfront trails, and boardwalk, this location continues to drive enduring tenant demand. A rare chance to own a meticulously upgraded, fully compliant, and consistently occupied fourplex that delivers dependable income from day one. (id:56241)
- Listing ID: S12938618
- Property Type: Multi-family
Schedule a Tour
Schedule Private Tour
Becky Hunt would happily provide a private viewing if you would like to schedule a tour.
Match your Lifestyle with your Home
Contact Becky Hunt, who specializes in Orillia real estate, on how to match your lifestyle with your ideal home.
Get Started Now
Lifestyle Matchmaker
Let Becky Hunt find a property to match your lifestyle.
Listing provided by Real Broker Ontario Ltd.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 66 NOTTAWASAGA STREET in Orillia Ontario. It was last modified on April 23rd, 2026. Contact Becky Hunt to schedule a viewing or to discover other Orillia homes for sale.