116 ALBERT STREET S, Orillia
$649,000
For sale: Multiplex
- Property type
- Triplex
- Bedrooms / bathrooms
- 4 bedrooms, 3 bathrooms
- Living area
- 2,000 sqft
- MLS®
- MLS® S13657948
- Neighbourhood
- Orillia
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. *Please note some images have been virtually staged to show the potential of the home.
Sold data
Multiplex homes in Orillia — recent sold market
Multiplex homes in Orillia took a median of 36 days to sell over the last 730 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 71, across 44 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.
The median sale price was $626,950.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 2% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
- Median days to sell
- 36
- Median sale price
- $626,950
- Sale-to-list ratio
- 95.7%
- Sold above asking
- 2%
Based on 44 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Orillia
Orillia has 14 Fraser Institute–rated schools (11 elementary and 3 secondary), averaging 5.1/10.
- Rated schools
- 14
- Elementary
- 11
- Secondary
- 3
- Average rating
- 5.1 / 10
Top-rated schools in Orillia
- Notre Dame — elementaryFraser rating 6.1/10
- Marchmont — elementaryFraser rating 6.0/10
- Harriett Todd — elementaryFraser rating 5.8/10
- Monsignor Lee — elementaryFraser rating 5.6/10
- St Bernard's — elementaryFraser rating 5.6/10
- Ardtrea/Cumberland Beach — elementaryFraser rating 5.5/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 116 ALBERT STREET S
$649,900
Detached432,000–2,500 sqft44 TERRY CLAYTON AVENUE, Beaverton, Brock
$635,000
Detached4+131,100–1,500 sqft17 WALKER AVENUE, Orillia, Orillia
$660,000
Detached431,500–2,000 sqft32 SANDHILL CRANE DRIVE, Wasaga Beach, Wasaga Beach
$589,000
Detached4+121,100–1,500 sqft238 MARY STREET, Orillia, Orillia
$599,900
Townhouse4+131,100–1,500 sqft17 BRUCE CRESCENT, Bayshore, Barrie
$595,000
Detached431,500–2,000 sqft30 HILLS THISTLE DRIVE, Wasaga Beach, Wasaga Beach
$699,000
Detached431,500–2,000 sqft18 HOLGATE STREET, Allandale, Barrie
$697,000
Detached4+131,500–2,000 sqft213 TUNBRIDGE ROAD, Georgian Drive, Barrie