$774,999
For sale: Multiplex

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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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.
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
Orillia has 14 Fraser Institute–rated schools (11 elementary and 3 secondary), averaging 5.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
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