174 BARRIE ROAD, Orillia

$478,900

For sale: Multiplex

Multiplex at 174 BARRIE ROAD, Orillia
Property type
Duplex
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
1,500 sqft
MLS®
MLS® S13099924
Neighbourhood
Orillia

The Price is Right!!! This legal 2-unit home (duplex) sits on an exceptionally deep lot (46.42ft x 196.66ft x 40.29ft x 173.19ft) just off Memorial Drive and offers rare 4-car parking, making it an outstanding opportunity for both investors and owner-occupiers. NOTE: The lot size makes it idea to consider Additional Dwelling Unit(s) (ADU). The property features two spacious one-bedroom units, each with excellent layout and appeal. The main floor offers a large, open-concept one-bedroom suite enhanced by a new heat pump installed in November 2025, providing efficient year-round comfort. The upper unit is bright, inviting, and equally well-designed, making it highly desirable for tenants. The home has been thoughtfully updated over the years, including a new roof in 2020, gutter replacement and extensive brick repairs completed in 2017, and the addition of separate hydro metering so tenants pay their own hydro. These improvements, combined with the property's legal duplex status, create a strong, low-maintenance investment with excellent income potential. Whether you're looking to expand your portfolio or live in one unit while renting the other to help qualify for a larger mortgage, this property delivers exceptional value in a prime location.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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 DameelementaryFraser rating 6.1/10
  • MarchmontelementaryFraser rating 6.0/10
  • Harriett ToddelementaryFraser rating 5.8/10
  • Monsignor LeeelementaryFraser rating 5.6/10
  • St Bernard'selementaryFraser rating 5.6/10
  • Ardtrea/Cumberland BeachelementaryFraser rating 5.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 174 BARRIE ROAD