$419,000
For sale: Multiplex

Well-maintained nonconforming 2-unit dwelling offering two bright, spacious 1-bedroom apartments in good condition. Both units feature some updated windows, living rooms, 1 bedroom, full bathrooms, refrigerators, and stoves, providing comfortable and functional living spaces. The lower unit enjoys exclusive access to the basement, which includes laundry hookups and additional storage potential. This property presents an excellent opportunity for an owner-occupant looking to offset living expenses with rental income, or for an investor seeking a well-cared-for income property. Outside, you'll find a private backyard creating a pleasant outdoor space for tenants or owners alike. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, and compliance with all applicable municipal and regulatory requirements.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 69 days.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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