6 days on Market

116 Albert St, Orillia, Ontario L3V 5L2

Townhouse
4
3
~1500-2000 sqft
$649,000
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Townhouse
4
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$378/sqft

Monthly cost

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Description

Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement.


Property Details

Style2-Storey
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size6,175 SqFt(88.62 x 69.69)
Parking Spaces3
MLS ®NumberS13657948
Community NameOrillia
Data SourceTRREB
Listing byFARIS TEAM REAL ESTATE BROKERAGE

Features

Heating: Forced Air
Basement: Full, Unfinished

Upper Floor

Br

2.83 x 2.15

Laminate / Window

Kitchen

3.37 x 2.89

Eat-In Kitchen / Laminate

Living

5.0 x 3.38

Laminate / Closet / W/O To Balcony

Br

4.14 x 2.8

Laminate / Window


Features

Lot size: 6,175 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

Aug 10, 2026
ListedActive
$649,000
6 days on market
history photo preview34
Listing by trreb®
Property listed by FARIS TEAM REAL ESTATE BROKERAGE, Brokerage
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Market Data - Orillia

Geo Zone Map ThumbnailOrillia

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2025

38 days

2024

38 days

2023

22 days

New Listings

Past 30 days

13 listings

Compared to

2025

29 listings

2024

27 listings

2023

23 listings

Units sold

Past 30 days

5 units

Compared to

2025

7 units

2024

12 units

2023

9 units

Median Sold Price

Past 30 days

$580,000

Compared to

2025

$615,000

2024

$668,125

2023

$626,000


Population and Demographics

Overview

Total population 31981
Average household income $99,873

Age (%)

0 to 19
19%
20 to 34
19%
35 to 49
16%
50 to 64
21%
65 and plus
26%

Household composition (%)

Single family
58%
Single person
36%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
94%
Others
4%
French
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget