82 Fittons Road E, Orillia, ON L3V 2J5, Orillia, ON
Bed 15
Bath 8
Turn-key investment property! Excellently maintained, purpose built, legal 8 unit apartment building. Located in northern Orillia in a quiet, well established neighborhood close to all amenities. Built in 2016 this 8-plex has 7, 2 bedroom units and 1, 1 bedroom units. Strong rents which are mostly close to market value this property is approximately a 5.31% return on cash investment. Very little maintenance required, generally fairly hands off property. All tenants pay their own utilities. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 9 parking spots and 1 handicapped parking spot. Do not go direct or bother tenants. Financials available upon inquiry. Buyer or their agent to verify that financials provided are true and accurate.
Property Highlights
For Sale
MLS NO.
S12323957
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
15
Bathrooms
8
Parking
10.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
S12323957
Living Area Range
3500-5000
Total Bedrooms
15
Bedrooms Above Grade
15
Total Bathrooms
8
Total Kitchens
8
Kitchens Above Grade
8
Rooms Above Grade
35
Interior Features
Water Heater
Fireplace
No
Central Vacuum Yn
No
Construction
Brick Veneer
Roof
Asphalt Shingle
Lot Width
110.0
Lot Size
10376.3
Lot Size Units
SquareFeet
Parking Total
10.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
North
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
82 Fittons Road E, Orillia, ON L3V 2J5
City
Orillia
Neighbourhood
Orillia
County / Region
Simcoe
Province / State
ON
Postal Code
L3V 2J5
Cross Street
Fittons Rd E & Laclie St
Directions
West St S to Fittons Rd E
Country
CA
List Price
$2,299,000
Annual Taxes
$15,100
Tax Year
2025
Legal Description
PART OF BLOCK B, PLAN 1193 DESIGNATED AS PART 1, PLAN 51R-18456, CITY OF ORILLIA
Possession Type
Flexible
Possession Details
Tenanted
Listing Office
ED LOWE LIMITED
Board
Toronto Regional Real Estate Board
Original Entry
2025-08-05T13:59:23Z
Media Updated
2025-09-24T20:06:40Z
Photos Updated
2025-09-24T20:06:40Z
Last Modified
2026-04-07T15:16:56Z
System Modified
2026-04-07T15:16:56.513744Z
MLS Status
Terminated
Architectural Style
2 1/2 Storey
Basement
None
Ddfyn
Yes
Expiration Date
2026-07-31
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
586230086
Parking Spaces
10
Public Remarks
Turn-key investment property! Excellently maintained, purpose built, legal 8 unit apartment building. Located in northern Orillia in a quiet, well established neighborhood close to all amenities. Built in 2016 this 8-plex has 7, 2 bedroom units and 1, 1 bedroom units. Strong rents which are mostly close to market value this property is approximately a 5.31% return on cash investment. Very little maintenance required, generally fairly hands off property. All tenants pay their own utilities. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 9 parking spots and 1 handicapped parking spot. Do not go direct or bother tenants. Financials available upon inquiry. Buyer or their agent to verify that financials provided are true and accurate.
