3114 EMPEROR DRIVE, Orillia

$774,999

For sale: Multiplex

Multiplex at 3114 EMPEROR DRIVE, Orillia
Property type
Duplex
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
3,000 sqft
MLS®
MLS® S13752824
Neighbourhood
Orillia

Top 5 Reasons You Will Love This Home: 1) Outstanding investment opportunity in the highly desirable Westridge community, offering a purpose-built rental property in a prime location close to schools, shopping, places of worship, parks, and everyday amenities, making it highly attractive to quality long-term tenants 2) Benefit from immediate cash flow with established long-term tenants already in place, providing dependable rental income and a stable investment opportunity from day one 3) Constructed in 2016 and meticulously maintained throughout, this turn-key property showcases lasting quality and pride of ownership, making it an excellent addition to both growing and established real estate portfolios 4) Thoughtfully designed to maximize tenant comfort and independence, with each unit featuring separate utilities, private in-suite laundry facilities, and an individual single-car garage, enhancing convenience and long-term rental appeal 5) Generous backyard space adds valuable outdoor living potential, offering plenty of room for recreation, relaxation, and family enjoyment, further strengthening the property's desirability and long-term investment value. 2,896 above grade sq.ft.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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 3114 EMPEROR DRIVE