371 Barrie Road
Orillia, ON L3V 2S1
- 8+2Bedrooms
- 9Bathrooms
- 5Parking
- 2500–3000Sq Ft
- $7,408Tax
- 50×137 ftLot Size
Free EstimateSee Free Estimate Report
Sale & Price History for 371 Barrie Road, Orillia
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 371 Barrie Road, Orillia
Summarized Description
- Modern legal duplex built in 2018.
- Turnkey property with high rental efficiency.
- Eight bedrooms, each with private bathrooms.
- Self-contained walk-out lower level apartment.
- Realistic 7% cap rate for investors.
- Significant tax savings on purchase.
- Bright common areas and well-appointed kitchens.
- Optimized layout for low-vacancy living.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,408
- Land Transfer Tax Fee
- $18,435
Rental Items
- Rental Equipment
- None
- Under Contract
- None
- Basement Type
- Full, Walk-Up
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 6-15
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Metal
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 50.00 ft
- Lot Depth
- 137.00 ft
- Lot Shape
- Rectangular
Exclusions
- Exclusions
- All Tenants belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 8 + 2
- Washrooms
- 9
- Kitchens
- 3
Room sizes
- Living Room—Main level
- Kitchen—Main level
- Primary Bedroom—Main level, 3 Pc Ensuite
- Bedroom 2—Main level, 3 Pc Ensuite
- Bedroom 3—Main level, 3 Pc Ensuite
- Bedroom 4—Main level, 3 Pc Ensuite
- Living Room—Second level
- Kitchen—Second level
- Primary Bedroom—Second level, 3 Pc Bath
- Bedroom 2—Second level, 3 Pc Ensuite
- Bedroom 3—Second level, 3 Pc Ensuite
- Recreation—Lower level, W/O To Yard
- Kitchen—Lower level
- Bedroom—Lower level, 3 Pc Ensuite, Walk-In Closet(s)
- Bedroom—Lower level
- Laundry—Lower level
- Bedroom 4—Second level
- Bathroom—Second level, 3 Pc Ensuite
- Bathroom—Lower level, 2 Pc Bath
- Bathroom—Lower level, 3 Pc Bath
Washrooms
- 3-piece, Main
- 3-piece, Upper
- 2-piece, Lower
- 3-piece, Lower
- Municipality
- Orillia
- Neighbourhood
- Orillia
- Main cross streets
- Hwy 12 & Mississauga St W
- Directions
- HWY 11 to HWY 12 to Mississaga St W to Barrie Road
- MLS® number
- S13464316
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-06-18
- Updated on
- 2026-09-30
- Days on market
- 124 days
- Possession type
- Flexible
- Co-op commission
- 2.25% + HST
- Seller
- Listed by
- RE/MAX HALLMARK CHAY REALTY
Home Market Value
Current home valuation for 371 Barrie Road, Orillia, Orillia, ON. Listed for $1,098,000
HOMEH Estimate
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Estimated Sales Range
—
HOMEH Estimate for 371 Barrie Road, 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
5% on first $500K + 10% on $598,000 over $500K
$84,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $40,494 | $30,634 | $26,132 | $0 |
=Total mortgage | $1,052,850 | $1,018,834 | $959,432 | $878,400 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,141monthly | $4,974monthly | $4,684monthly | $4,289monthly |
Land Transfer Tax
$18,435
$18,435
Around this home
No schools found nearby
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