Overview
|Description
Opportunity meets versatility in Orillia’s highly sought-after North Ward. This legal duplex presents an exceptional investment opportunity while offering the flexibility to suit owner-occupants and multi-generational families alike. With two self-contained units, it’s ideal for generating rental income and offsetting your mortgage. The vacant upper unit is move-in ready and features three bedrooms, a 4-piece bathroom, and a spacious kitchen with French doors leading to an oversized backyard. Set on a generous 60 x 151ft lot and surrounded by mature trees, the outdoor space offers privacy and plenty of room for summer BBQs, gardening, or relaxing with family and friends. The legal lower-level studio apartment is currently tenanted with an excellent long-term tenant, providing immediate rental income, and offers a bright kitchen, generous living space, a spacious bathroom, and it’s own private entrance and dedicated laundry – comfort, convenience, and independence for both occupants. Complete with a detached garage and ideally located just minutes from parks, schools, shopping, and Orillia’s vibrant waterfront, this is a rare opportunity to own a flexible, income-producing property in one of the city’s most desirable neighborhoods.