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Market activity for 371 Barrie Road
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This is the first time this property is listed
Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
14.8 x 12.83 Feet
Level: Main
12.8 x 10.79 Feet
Level: Main
12.11 x 9.88 Feet
Level: Main
3 Pc Ensuite
11.84 x 9.97 Feet
Level: Main
3 Pc Ensuite
11.94 x 9.88 Feet
Level: Main
3 Pc Ensuite
11.84 x 10.14 Feet
Level: Main
3 Pc Ensuite
16.08 x 12.83 Feet
Level: Second
12.8 x 9.51 Feet
Level: Second
11.75 x 9.88 Feet
Level: Second
3 Pc Bath
11.84 x 10.53 Feet
Level: Second
3 Pc Ensuite
11.84 x 10.14 Feet
Level: Second
3 Pc Ensuite
24.34 x 16.08 Feet
Level: Lower
W/O To Yard
11.94 x 11.29 Feet
Level: Lower
14.86 x 12.73 Feet
Level: Lower
3 Pc Ensuite, Walk-In Closet(s)
14.27 x 11.29 Feet
Level: Lower
12.83 x 9.35 Feet
Level: Lower
14.27 x 11.29 Feet
Level: Second
12.11 x 9.88 Feet
Level: Second
3 Pc Ensuite
12.11 x 9.88 Feet
Level: Lower
2 Pc Bath
12.11 x 9.88 Feet
Level: Lower
3 Pc Bath
Provincial Tax (Ontario)
$18,435