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66 NOTTAWASAGA STREET, Orillia, Ontario

$859,900

4 Beds
4 Baths

7.3% cap. Most fourplexes that come up need something: units to renovate, rents to catch up, or a hydro bill you inherit. This one needs none of it. All four units are renovated, leased, and separately metered, so tenants carry their own power and your operating exposure stays where you can predict it. The quality of the finishes is why it leases the way it does. Units get picked up quickly and no more vacancy, which is the difference between a building that runs itself and one that runs you. The capital cycle is finished. Roof 2019. High-efficiency furnaces and attic insulation 2020. Roof and eave heating cables 2021. Concrete collar, upper-level siding and storage shed 2022. Paved parking and main-floor air conditioning 2023. Water heater owned, not rented. Solid brick construction, zoned Fourplex, with four parking spaces, shared basement laundry and private entrances for the main-floor units. The businesses of Downtown Orillia, waterfront boardwalk, scenic trails and Lakehead University are all a walk away, which is what keeps the tenant pool deep and the units full. (id:56241)

Listing ID: S13638498
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Living room	Second level	3.45 m x 3.45 m
Kitchen	Second level	1.88 m x 2.41 m
Bedroom 3	Second level	3.48 m x 3.78 m
Living room	Second level	3.53 m x 4.24 m
Kitchen	Second level	2.44 m x 2.13 m
Bedroom 4	Second level	3.45 m x 3.05 m
Bedroom	Main level	3.35 m x 3.25 m
Living room	Main level	3.63 m x 3.25 m
Kitchen	Main level	2.11 m x 2.39 m
Bedroom 2	Main level	2.72 m x 3.3 m
Living room	Main level	3.38 m x 3.3 m
Kitchen	Main level	2.3 m x 2.4 m

Details

Amenities Nearby: Park, Place of Worship, Public Transit
Parking Spaces: 4
Structure: Deck, Patio(s), Porch
Transaction: For sale
Zoning Description: Fourplex

Building

Amenities: Separate Electricity Meters
Appliances: Water Heater, Dryer, Stove, Washer, Refrigerator
BasementType: Full (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 4
Cooling: Wall unit
Exterior Finish: Brick
Fireplace Present: False
Fire Protection: Smoke Detectors
Flooring: Vinyl
Foundation: Concrete
Bathrooms (Total): 4
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1500 - 2000 sqft
Stories Total: 2
Type: Fourplex
Utility Water: Municipal water

Land

Amenities: Park, Place of Worship, Public Transit
Landscape Features: Landscaped
Sewer: Sanitary sewer
Size Frontage: 35 ft
Size Irregular: 35 x 130 FT

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 August 5th, 2026. Contact Becky Hunt to schedule a viewing or to discover other Orillia homes for sale.

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