368-3689910_homelife-bayside-realty-ltd-brokerage

Vikas Palan Sales Representative Homelife Super Stars Real Estate LTD

Call Now: 416-939-2500 Email: vikas@vikaspalan.com

116 Albert Street S, Orillia, ON L3V 5L2

$649,000
  • Sale
  • Triplex
  • 12 hours ago
  • Updated: 2026-08-10

Property Overview

Property Type
Triplex
Bedrooms
4
Bathrooms
3
Garage
3
Size
N/A
Age
100+
Top 5 Reasons You Will Love This Home: 1) Affordable investment property generating nearly $50,000 in annual income, offering an excellent opportunity for investors seeking strong returns 2) Legal triplex with numerous recent improvements including a new roof (2024), new eavestroughs (2025), two major suite modernizations completed in 2022 and 2025, and a new furnace (2026) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement.

Key Details

  • S13657948
  • 3
  • $649,000
  • Tenant
  • None
  • 3 + 3
  • 2-Storey
  • 4
  • 3
  • 1500-2000 Sqft
  • N/A
  • 100+
  • Triplex
  • Sale

Additional Details

  • Forced Air / Gas
  • M2
  • $3326
  • 2025
  • PT LT 6 BLK K PL 228 ORILLIA PT 1, 51R13363; ORILLIA
  • N/A
  • N
  • Full,Unfinished
  • None
  • Public Transit,School Bus Route,Hospital
  • Municipal
Neighbourhood profile DA 35430896 · 2021 Census

Key signals

Owner vs renter

Owner vs renter split.

Median home value

Owner cost / mo

Median rent / mo

Owner : renter

Dwelling types

Bedroom mix

Condition & suitability

Built when?

Homes by decade.

Median HH income

before tax

After-tax HH

median

Median individual

Low-income rate

Income benchmarks

Shelter cost burden (30%+ of income)

Shelter burden.

Education (ages 25-64)

Population

Median age

Avg HH size

Immigrants

Age groups

Age groups.

Language at home

Visible minority

Visible minority.

Employment rate

Unemployment

labour force

Work from home

of employed

Full-yr full-time

stable jobs

Commute mode

Commute duration

Commute duration.

Pop. density

per km²

5-yr stability

did not move

Occupied dwellings

Pop. change

since 2016

Pressure index

Pressure indicators.

Neighbourhood mobility (5 yr)

Statistics Canada, 2021 Census, Dissemination Areas (98-401-X2021006).

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FAQ
  • What is the total square footage of the s13657948 - 116 Albert Street S, Orillia, ON L3V 5L2?

    The total square footage of this property is 1500-2000 SqFt.

  • What schools near to s13657948 - 116 Albert Street S, Orillia, ON L3V 5L2?

    The nearest schools are Connaught Public School for elementary and Jean Vanier Catholic High School for secondary.

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