$679,000
Available - For Sale
Listing ID: S12297601
12 King's Cour , Orillia, L3V 6S4, Simcoe
| Triplex in the Heart of Orillia Steps to Couchiching Park! This is an incredible investment opportunity for a well-maintained triplex located near trails, walking distance from Couchiching Park, public transit, downtown shops, and golf courses, offering strong tenant appeal and income potential. 2 Vacant 3-Bedroom Units with private decks, above grade with spacious layouts, ready for immediate occupancy or ideal for owner-occupier (2nd 3 bedroom unit will be vacated July 31, 2025). Set your rent, current average 3 bedroom rent in Orillia is $2,400/mth. One - 1Bedroom below-grade unit is currently tenanted at $640.00/mth including utilities except internet and phone. Tenant is responsible for year round yard maintenance. Garage for additional storage or rental income potential. Metal Roof approx. 5 years old for long-term durability and minimal maintenance with new soffit and fascia in 2024. Recent Updates to Unit 12 include: new electrical panel-2024, fresh paint throughout, new kitchen & 3rd bedroom flooring, new light fixtures & 1 ceiling fan, outlets and switches, upgraded bathroom vanity & toilet, new baseboards-2025, features a gas fireplace in the living room, rough in for in unit laundry and separate water, electrical and gas meters. Unit 10 and 10B share electrical, water & gas meters. Shared laundry in basement. This property is a legal duplex with current use as a triplex. The process has been started with The City of Orillia to qualify as a legal triplex, including completed plans and upgraded electrical panel. Separate entrances for each unit, with excellent upside for investors or multi-generational living. Vacant units give the flexibility to set your own rents or live in one while renting the others. Approx. 90 minutes to Toronto, Orillia continues to grow as a vibrant lakeside community with expanding infrastructure and amenities. Don't miss this rare opportunity to own a cash-flow-ready triplex in one of Orillia's most desirable locations! |
| Price | $679,000 |
| Taxes: | $5499.98 |
| Assessment Year: | 2025 |
| Occupancy: | Partial |
| Address: | 12 King's Cour , Orillia, L3V 6S4, Simcoe |
| Acreage: | < .50 |
| Directions/Cross Streets: | Laclie Street and North Street |
| Rooms: | 12 |
| Rooms +: | 4 |
| Bedrooms: | 6 |
| Bedrooms +: | 1 |
| Family Room: | F |
| Basement: | Full |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Second |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 4 | Basement |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 31-50 |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick, Wood |
| Garage Type: | Attached |
| Drive Parking Spaces: | 4 |
| Pool: | None |
| Approximatly Age: | 31-50 |
| Approximatly Square Footage: | 2500-3000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
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| Century 21 B.J. Roth Realty Ltd. |
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Style: | 2-Storey |
| Approximate Age: | 31-50 |
| Tax: | $5,499.98 |
| Beds: | 6+1 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |
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