Sold for:Sold Jan 28, 2025
$999,900

31 Frederick Street

Orillia, ON L3V 5W5

Multiplex SoldNot available

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 31 Frederick Street, Orillia

2024-10-05
2025-01-29
Sold
Price
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MLS#
s9384072

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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 31 Frederick Street, Orillia

This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,319
Land Transfer Tax Fee
$16,473

Rental Items

Rental Equipment
HWT
Under Contract
Hot Water Heater

Basement Type
Partially Finished

Interior Features

Interior Extras
Accessory Apartment, Separate Hydro Meter, Water Heater
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Hospital, Beach, School, Public Transit, Lake/Pond

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
60.00 ft
Lot Depth
146.54 ft

Exclusions

Exclusions
EXAM TABLES AND TVS

Parking & Garages

Garage Type
None
Garage Spaces
10
Parking Spaces
10
Total Garage And Parking Spaces
10

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
2
Washrooms
4
Kitchens
2

Room sizes

  • Living Room—
    Second level
  • Dining Room—
    Second level
  • Kitchen—
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Bedroom—
    Second level
  • Living Room—
    Second level
  • Den—
    Second level
  • Dining Room—
    Second level
  • Bedroom—
    Second level
  • Kitchen—
    Second level
  • Office—
    Main level
  • Other—
    Main level

Washrooms

  • 4-piece, Second
  • 2-piece, Basement

Municipality
Orillia
Neighbourhood
Orillia
Main cross streets
Frederick/Colborne St W
Zoning
hc2
Waterfront
None

MLS® number
S9384072
Data source
Toronto Regional Real Estate Board
Status change
2025-01-29
Listed on
2024-10-05
Days on market
116 days
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
REVEL REALTY INC.

Home Market Value

Current home valuation for 31 Frederick Street, Orillia, Orillia, ON. Listed for $999,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 31 Frederick Street, 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 $499,900 over $500K

Minimum down payment

$74,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$36,996$27,897$23,798$0
=Total mortgage
$961,903$927,807$873,713$799,920
Amortization
Mortgage rate
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%
%
%
Payment frequency
=Mortgage payment
$4,696monthly$4,530monthly$4,266monthly$3,906monthly
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Land Transfer Tax

Provincial

$16,473

Total Land Transfer Tax

$16,473

Around this home

53/100Somewhat Walkable
0/100Minimal Transit
46/100Somewhat Bikeable
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