Great investment opportunity in Otilia! This well-maintained 12-unit property offers a strong income potential with a desirable unit mix of six 1-bedroom units and six bachelor suites. The building includes seven parking spaces, adding extra value and convenience for tenants. Ideally located close to downtown, public transit, shopping, and schools, this property is highly attractive to students and urban renters alike. A solid addition to any investment portfolio with consistent rental demand in a prime location. Clean Phase 1 report available.
Property Highlights
For Sale
MLS NO.
S13062022
Type
Commercial
Sub Type
Investment
Square Footage
5242.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
S13062022
Lot Width
50.0
Garage Type
Outside/Surface
Cooling
No
Heat Type
Gas Hot Water
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
14 Elgin Street, Orillia, ON L3V 1R9
City
Orillia
Neighbourhood
Orillia
County / Region
Simcoe
Province / State
ON
Postal Code
L3V 1R9
Cross Street
West Street S/Colborne St W
Directions
14 Elgin St
List Price
$2,299,000
Annual Taxes
$18,208
Tax Year
2025
Possession Type
Flexible
Possession Details
30/60/TBA
Listing Office
GRANGE HALL REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-04-30T13:50:43Z
Media Updated
2026-05-05T17:28:06Z
Photos Updated
2026-04-30T13:50:44Z
Last Modified
2026-05-15T18:45:58Z
System Modified
2026-05-15T18:45:58.685624Z
MLS Status
New
Co List Office Name
GRANGE HALL REALTY INC.
Ddfyn
Yes
Expiration Date
2026-12-30
Heat Type Multi
Gas Hot Water
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
586680009
Parking Spaces
7
Public Remarks
Great investment opportunity in Otilia! This well-maintained 12-unit property offers a strong income potential with a desirable unit mix of six 1-bedroom units and six bachelor suites. The building includes seven parking spaces, adding extra value and convenience for tenants. Ideally located close to downtown, public transit, shopping, and schools, this property is highly attractive to students and urban renters alike. A solid addition to any investment portfolio with consistent rental demand in a prime location. Clean Phase 1 report available.