240 CLAYBORNE PLACE, Orillia
$989,000
For sale: Multiplex
- Property type
- Fourplex
- Bedrooms / bathrooms
- 6 bedrooms, 4 bathrooms
- Living area
- 3,000 sqft
- MLS®
- MLS® S14088928
- Neighbourhood
- Orillia
An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available
Sold data
Multiplex homes in Orillia — recent sold market
Multiplex homes in Orillia took a median of 31 days to sell over the last 730 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 54, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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 $616,950.
Homes sold for about 4.7% below asking on average, so there was room to negotiate.
About 2% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
- Median days to sell
- 31
- Median sale price
- $616,950
- Sale-to-list ratio
- 95.3%
- Sold above asking
- 3%
Based on 40 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 240 CLAYBORNE PLACE
$1,390,000
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Detached5+142,000–2,500 sqft5342 LINE 4 N, Rural Oro-Medonte, Oro-Medonte
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Detached6+242,000–2,500 sqft24 GRAND FOREST DRIVE, Bayshore, Barrie
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