Home with brick exterior material, street for 66 Nottawasaga St, Orillia Ontario L3V 3J4
Re-listed 29 days ago

66 Nottawasaga St, Orillia, Ontario L3V 3J4

Townhouse
4
4
~1500-2000 sqft
$•••,•••
$1,128,900
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Townhouse
4
4
~1500-2000 sqft

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Highlights

Property Estimate

Days on market29 days

Total days on market
104 days

Estimated valueNot available

Price/Sqft$658/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$625K

Median sold price*

*Based on last 30 days

Description

6.5% cap rate! Position yourself in the heart of Orillia-one of Ontario's fastest-growing & most consistently sought-after real estate markets. This fully legal, solid-brick fourplex offers immediate cash flow, long-term stability, and a level of quality rarely seen in income properties. With four beautifully updated one-bedroom units, this building blends historical charm with contemporary upgrades, appealing to discerning tenants & savvy investors alike. Meticulously renovated over the past four years, the property has undergone extensive capital improvements a new roof (2019), high-efficiency furnaces (2020), AC units for main floor apartments, new concrete walkways (2022), and fresh exterior enhancements such as new decks, upper-level siding, & a dedicated storage shed (2023). With no deferred maintenance, this is a truly turnkey asset. A recent fire & building inspection in January 2025 confirms full compliance with all municipal codes, ensuring peace of mind and regulatory clarity for any investor. Designed for long-term operational ease, the building includes five separate hydrometers, private entrances for each unit, shared basement laundry, and a newly paved four-carparking lot. These thoughtful upgrades enhance both tenant satisfaction & property management efficiency. The flexible zoning also allows for a variety of rental strategies, whether continuing with traditional long-term tenants or exploring mid-term furnished rental opportunities. Located just a short walk from Orillia's bustling downtown, tenants enjoy direct access to a wealth of amenities including restaurants, cafés, boutique shops, the public library, and Lakehead University. The nearby boardwalk and waterfront trails further enhance the area's appeal, contributing to strong and consistent rental demand. If you're looking to expand your real estate portfolio with a high-performing, low-maintenance asset this 4plex presents a unique opportunity to secure proven income in a thriving area.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size4,550 SqFt(130 x 35)
Parking Spaces4
MLS ®NumberS12190211
Community NameOrillia
Data SourceTRREB
Listing byKeller Williams Co-Elevation Realty, Brokerage

Features

Heating: Forced Air
Cooling: Wall Unit
Basement: Unfinished, Full

Features

Lot size: 4,550 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
29 days on market
history photo preview16
Listing by trreb®

Market Data - Orillia

Geo Zone Map ThumbnailOrillia

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

2024

38 days

2023

22 days

2022

18 days

New Listings

Past 30 days

26 listings

Compared to

2024

12 listings

2023

16 listings

2022

25 listings

Units sold

Past 30 days

9 units

Compared to

2024

5 units

2023

5 units

2022

13 units

Median Sold Price

Past 30 days

$570,000

Compared to

2024

$624,900

2023

$620,000

2022

$647,000


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