16 First Street, Orillia, ON

$675,000
MLS#:S12785676
4 beds
2 baths
700-1100 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] duplex located in the coveted neighborhood of Orillia. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $675,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 700-1100 sqft on a premium 112.5 x 244 ft lot
  • Features a ["apartment", "finished with walk-out", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment, Auto Garage Door Remote, Carpet Free
  • equipped with ["wall unit(s)"] central cooling and highly efficient baseboard heating via gas

Exceptional Investment or Multi-Family Opportunity in Orillia's Sought-After North Ward! Welcome to this beautifully maintained legal duplex, double attached garage, two spacious 2-bedroom units, each featuring its own private walkout to a large rear yard - perfect for families, downsizers, or savvy investors looking for strong rental potential. Both units boast bright, open-concept layouts with generous living areas, modern kitchens, and updated finishes throughout. Each residence enjoys separate entrances, individual laundry facilities, gas fireplace, ductless heat pumps, along with a hot water boiler(replaced 2025) system c/w on demand hot water for the entire building ensuring complete comfort and privacy for both occupants. Large windows flood the interiors with natural light, while walkouts to the backyard provide seamless indoor-outdoor living and plenty of space for gardening, entertaining, or simply relaxing in the fresh air. Nestled in a quiet, family-friendly neighbourhood, this property offers the best of convenience and lifestyle. Just minutes from the shimmering shores of Lake Couchiching, you'll have easy access to beaches, walking trails, and waterfront parks. Everyday amenities are right at your doorstep - Costco, shopping centres, restaurants, Lakehead University and schools are all nearby. Commuters will appreciate the quick connection to Highway 11, while public transit and local bus stops make getting around town effortless. This duplex represents a rare opportunity to own a turn-key property in one of Orillia's most desirable areas. Live in one unit and rent the other for additional income, or add this solid, low-maintenance property to your investment portfolio. With its prime location, flexible layout, and strong community appeal, this home checks all the boxes for comfort, convenience, and long-term value. Don't miss your chance to secure this exceptional North Ward legal non-conforming duplex - where quality living meets smart investment.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
2
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 10, 2026
Sold price information is available to members only
Listed Date2/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionVinyl Siding
Lot Size112.5 × 244 Feet
CountySimcoe
Annual Tax$5,019
Legal DescriptionLT 56 PL 1232 SOUTH ORILLIA EXCEPT PT 5, 51R11003; S1/2 LT 57 PL 1232 SOUTH ORILLIA; ORILLIA

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
Cooling["Wall Unit(s)"]

Features

Property Features

Community Features

Location

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16 First Street, Orillia, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16 First Street, Orillia, ON L3V 4A9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$540,000
Monthly Mortgage$3,138
Property Tax (Est.)$418
Utilities & Maint.$350
Total Monthly Cost$3,906

Strategic Fiscal Clarity

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