Sold for:Sold Mar 22, 2026
$999,999

380 Bayview Parkway

Orillia, ON L3V 3Y2

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

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 380 Bayview Parkway, Orillia

2026-02-11
-
Active
Price
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MLS#
S12781372
2026-02-11
2026-03-22
Sold
Price
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MLS#
s12781426

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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 380 Bayview Parkway, Orillia

Summarized Description

  • Newly renovated 5-plex with low maintenance costs.
  • Strong cash flow from triple A tenants.
  • Commercial grade flooring and new kitchens installed.
  • Zoned C4i for various investment opportunities.
  • Located near the lake and downtown Orillia.
  • Separate hydro meters for each unit.
  • Excellent cap rate and low operating costs.

Looking for a turn key investment that was newly renovated just 2 years ago? This is an exceptional purpose built 5-plex with very low maintenance costs (only 22 years old), featuring four 2-bedrooms units and 1 studio unit, all with 1 kitchen and 1 full bathroom. Occupied with triple A tenants, this property yields very strong cash flow ($94,140), resulting in an excellent cap rate. All units were renovated with commercial grade flooring (2023), new kitchens (2023) and bathrooms (2023). An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants (2023), and low operating costs ($17,653). Baseboard heating in bedrooms & heat/air conditioner unit in the living rooms. Located right across the street from the lake, and conveniently located just minutes from Hwy 12 and downtown Orillia, this is an opportunity to buy and benefit from the revitalization of Orillia. This property is zoned C4i, which offers a ton of potential uses for a savy investor. Email for financials & link to more pictures and details.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,088
Land Transfer Tax Fee
$16,475

Rental Items

Rental Equipment
Hot water tank
Under Contract
Hot Water Heater

Basement Type
None

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey
Approx Age
16-30

Construction

Exterior Finish
Vinyl Siding
Roof
Metal
Foundation Details
Slab, Concrete
Special Designation
Unknown

Lot

Lot Front
90.00 ft
Lot Depth
135.00 ft

Inclusions

Inclusions
5 Fridges, 5 Stoves, 5 Range Hoods, Shed.

Parking & Garages

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

Heating & Cooling

Heat Source
Other
Heat Type
Baseboard
Air Conditioning
Window Unit(s)
Water
Municipal
Sewers
Sewer

Bedrooms
8 + 1
Washrooms
5
Kitchens
5

Washrooms

  • 4-piece, Ground
  • 3-piece, Ground
  • 4-piece, Second

Municipality
Orillia
Neighbourhood
Orillia
Main cross streets
Atherley Rd & Hwy 12
Zoning
C41
Directions
Atherley Rd & Hwy 12

MLS® number
S12781426
Data source
Toronto Regional Real Estate Board
Status change
2026-03-22
Listed on
2026-02-11
Days on market
39 days
Possession date
2026-02-11
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for 380 Bayview Parkway, Orillia, Orillia, ON. Listed for $999,999

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 380 Bayview Parkway, 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

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Orillia, ON
Minimum Down Payment Required:7.5%

5% on first $500K + 10% on $499,999 over $500K

Minimum down payment

$75,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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+CMHC insurance
$37,000$27,900$23,800$0
=Total mortgage
$961,999$927,899$873,799$799,999
Amortization
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=Mortgage payment
$4,697monthly$4,530monthly$4,266monthly$3,906monthly
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Land Transfer Tax

Provincial

$16,475

Total Land Transfer Tax

$16,475

Around this home

2/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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