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For Sale

371 Barrie, Orillia, Ontario L3V 2S1

$1,098,000
8 Bedrooms
9 Bathrooms
NaN sq ft

About This Property

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.

Home Details

CategoryResidentialProperty
Style2-Storey
TypeSale
StatusA
Days on Market–
List DateJun 18, 2026
Last Updated OnSep 30, 2026
Year Built6-15

Features

Total Beds8
Baths9
Heating TypeForced Air
Air ConditioningCentral Air
FireplacesNo
Total Parking–
BasementOther
MLS NumberS13464316

Exterior

ConstructionBuilt in 6-15
Construction DetailsStandard Frame
Roof MaterialMetal
ExteriorHardboard Siding

Water & Sewer

Water SupplyMunicipal
SewerSewers

Legal

Brokerage–
Jessica

Jessica Thyriar

Real Estate Agent
+1 (416) 732-6397