Listed for:Listed 7 days ago
$989,000

240 Clayborne Place

Orillia, ON L3V 1M5

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 240 Clayborne Place, Orillia

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 240 Clayborne Place, Orillia

Summarized Description

  • Investment opportunity with established rental income.
  • Four self-contained apartments in one building.
  • Two units updated, two with renovation potential.
  • Parking available for six vehicles.
  • Less than five minutes to the waterfront.
  • Long-term income growth potential through renovations.
  • Professionally managed for hassle-free ownership.

An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,516
Land Transfer Tax Fee
$16,255

Rental Items

Rental Equipment
1 Hot Water Heater

Basement Type
Crawl Space

Interior Features

Interior Extras
Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Slab
Special Designation
Unknown

Lot

Lot Front
30.62 ft
Lot Depth
107.65 ft
Lot Size
30.62 x 107.65 Feet (Irregular)
Lot Size Code
30.62 x 107.65 Feet (Irregular)

Inclusions

Inclusions
4 Fridges, 4 Stoves, 2 Washer/ Dryer, 1 Dishwasher

Exclusions

Exclusions
Tenant belongings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
6
Washrooms
4
Kitchens
4

Room sizes

  • Bedroom 23.30 x 2.69
    Second level
  • Kitchen4.88 x 3.40
    Second level
  • Primary Bedroom4.17 x 3.86
    Main level
  • Bedroom 23.38 x 2.82
    Main level
  • Primary Bedroom4.06 x 3.18
    Second level
  • Kitchen4.06 x 2.87
    Main level
  • Kitchen3.35 x 2.92
    Second level
  • Living Room3.45 x 2.90
    Main level
  • Primary Bedroom3.51 x 2.95
    Second level
  • Living Room4.04 x 2.92
    Main level
  • Kitchen3.05 x 2.92
    Main level
  • Primary Bedroom3.40 x 2.44
    Main level

Washrooms

  • 4-piece, Second
  • 4-piece, Second
  • 4-piece, Main
  • 4-piece, Main

Area
Orillia
Municipality
Orillia
Neighbourhood
Orillia
Main cross streets
Atherley Rd To East St To Clay
Zoning
Residential
Directions
East St to Clayborne Place

MLS® number
S14088928
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-14
Updated on
2026-10-16
Days on market
7 days
Possession type
Other
Co-op commission
2.5%
Seller
Listed by
CENTURY 21 B.J. ROTH REALTY LTD.

Home Market Value

Current home valuation for 240 Clayborne Place, Orillia, Orillia, ON. Listed for $989,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 240 Clayborne Place, Orillia

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Orillia, ON
Minimum Down Payment Required:7.5%

5% on first $500K + 10% on $489,000 over $500K

Minimum down payment

$73,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$36,593$27,593$23,538$0
=Total mortgage
$951,418$917,693$864,188$791,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,645monthly$4,481monthly$4,219monthly$3,863monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$16,255

Total Land Transfer Tax

$16,255

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