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16 First Street Orillia, Ontario

$725,000
4 Beds
  2 Full
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PROPERTY INFO

Exceptional Investment or Multi-Family Opportunity in Orillia's Sought-After North Ward! Welcome to this beautifully maintained legal duplex, double attached garage, two spacious 2-bedroom units, each featuring its own private walkout to a large rear yard - perfect for families, downsizers, or savvy investors looking for strong rental potential. Both units boast bright, open-concept layouts with generous living areas, modern kitchens, and updated finishes throughout. Each residence enjoys separate entrances, individual laundry facilities, gas fireplace, ductless heat pumps, along with a hot water boiler(replaced 2025) system c/w on demand hot water for the entire building ensuring complete comfort and privacy for both occupants. Large windows flood the interiors with natural light, while walkouts to the backyard provide seamless indoor-outdoor living and plenty of space for gardening, entertaining, or simply relaxing in the fresh air. Nestled in a quiet, family-friendly neighbourhood, this property offers the best of convenience and lifestyle. Just minutes from the shimmering shores of Lake Couchiching, you'll have easy access to beaches, walking trails, and waterfront parks. Everyday amenities are right at your doorstep - Costco, shopping centres, restaurants, Lakehead University and schools are all nearby. Commuters will appreciate the quick connection to Highway 11, while public transit and local bus stops make getting around town effortless. This duplex represents a rare opportunity to own a turn-key property in one of Orillia's most desirable areas. Live in one unit and rent the other for additional income, or add this solid, low-maintenance property to your investment portfolio. With its prime location, flexible layout, and strong community appeal, this home checks all the boxes for comfort, convenience, and long-term value. Don't miss your chance to secure this exceptional North Ward legal non-conforming duplex - where quality living meets smart investment. (id:4555)

PROPERTY SPECS

Price $725,000
City Orillia, Ontario
Bed / Bath 4 / 2 Full
Address 16 First Street
Listing ID S12636590
Style Raised bungalow, Duplex
Fireplace 2.00
Parking 8.00
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Features Irregular lot size, Carpet Free, In-Law Suite Ownership Freehold Basement Finished, Apartment in basement, Separate entrance, Walk out, N/A Heating / Cooling Baseboard heaters, Not known, Natural gas Sewer Sanitary sewer Parking 8.00



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Windsor: 519-903-9355
Toronto: 905-220-7333
Office: 905-335-3042

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