Was listed for:Expired Sep 15, 2025
$529,000

50 Albert Street N

Orillia, ON L3V 5K2

Multiplex ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 50 Albert Street N, Orillia

2025-06-18
2025-09-15
Expired
Price
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MLS#
s12228496

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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 50 Albert Street N, Orillia

Attention Investors and First-Time Home Buyers! Welcome to 50 Albert Street North in the heart of Orillia - a legal non-conforming triplex offering a fantastic opportunity for both investors and first-time buyers alike. Live in one unit and let the other two help pay your mortgage! This prime rental property is ideally located within walking distance to downtown Orillia, the hospital, shopping, restaurants, library, and more. Here are a list of property highlights. Unit 1: Freshly renovated and currently vacant 1-bedroom unit on the main floor with in-suite laundry. Estimated rental potential of $1,700/month (all inclusive). Shared entrance with Unit 2. Unit 2: Long-term, reliable tenant of 7 years in the upper-level 1-bedroom unit, currently paying $1,292.26/month (all inclusive). Unit 3: Separate entrance to this cozy 1-bedroom main floor unit, also home to a long-term tenant of 7 years, currently paying $753/month (all inclusive). Projected Annual Rental Income: Approx. $45,000. Parking: Double-wide driveway with space for up to 4 vehicles. Location: Steps to Orillia's charming downtown core and all major amenities. Whether you're looking to house-hack as a first-time buyer or expand your investment portfolio, this property is a must-see. Don't miss out on this incredible opportunity!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,898
Land Transfer Tax Fee
$7,055

Rental Items

Rental Equipment
Hot water heater

Basement Type
Partial Basement

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Porch
Pool
None

Building

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

Construction

Exterior Finish
Brick
Roof
Metal
Foundation Details
Concrete, Stone
Special Designation
Unknown

Lot

Lot Front
39.74 ft
Lot Depth
67.00 ft
Lot Size
2831.4

Inclusions

Inclusions
Fridge x 3, Stove x 3, Washer, & Dryer (lower unit)

Parking & Garages

Garage Type
None
Garage Spaces
4
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
3
Washrooms
3
Kitchens
3

Room sizes

  • Bathroom—
    Upper level, 4 Pc Bath
  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath
  • Kitchen—
    Ground level
  • Bedroom—
    Ground level
  • Bathroom—
    Ground level, 3 Pc Bath
  • Living Room—
    Upper level
  • Kitchen—
    Upper level
  • Bedroom—
    Upper level

Washrooms

  • 3-piece
  • 4-piece
  • 3-piece

Municipality
Orillia
Neighbourhood
Orillia
Main cross streets
Coldwater road & Albert Street
Directions
From Hwy. 11 S towards Orillia, turn off on Hwy. 12/Coldwater road. Turn right onto Coldwater road. Turn right onto Albert. 50 Albert is on the left hand side

MLS® number
S12228496
Data source
Toronto Regional Real Estate Board
Status change
2025-09-15
Listed on
2025-06-18
Days on market
89 days
Possession type
Flexible
Co-op commission
2.5% + hst
Seller
Listed by
RE/MAX RIGHT MOVE

Home Market Value

Current home valuation for 50 Albert Street N, Orillia, Orillia, ON. Listed for $529,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 50 Albert Street N, 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:5.3%

5% on first $500K + 10% on $29,000 over $500K

Minimum down payment

$27,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,039$14,759$12,590$0
=Total mortgage
$521,002$490,859$462,240$423,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,544monthly$2,397monthly$2,257monthly$2,066monthly
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Land Transfer Tax

Provincial

$7,055

Total Land Transfer Tax

$7,055

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4/100Almost All Errands Require a Car
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