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12 KING'S COURT Orillia

12 KING'S COURT, Orillia

$679,000

  • 7
  • 3
Triplex in the Heart of Orillia Steps to Couchiching Park! This is an incredible investment opportunity for a well-maintained triplex located near trails, walking distance from Couchiching Park, public transit, downtown shops, and golf courses, offering strong tenant appeal and income potential. 2 - 3 Bedroom Units with private decks, above grade with spacious layouts, 1 unit ready for immediate occupancy or ideal for owner-occupier (2nd 3 bedroom & basement units have been served eviction notices). Set your rent, current average 3 bedroom rent in Orillia is $2,400/mth. Garage for additional storage or rental income potential. Metal Roof approx. 5 years old for long-term durability and minimal maintenance with new soffit and fascia in 2024. Recent Updates to Unit 12 include: new electrical panel-2024, fresh paint throughout, new kitchen & 3rd bedroom flooring, new light fixtures & 1 ceiling fan, outlets and switches, upgraded bathroom vanity & toilet, new baseboards-2025, features a gas fireplace in the living room, rough in for in unit laundry and separate water, electrical and gas meters. Unit 10 and 10B share electrical, water & gas meters. Shared laundry in basement. This property is a legal duplex with current use as a triplex. The process has been started with The City of Orillia to qualify as a legal triplex, including completed plans and upgraded electrical panel. Separate entrances for each unit, with excellent upside for investors or multi-generational living. Vacant units give the flexibility to set your own rents or live in one while renting the others. Approx. 90 minutes to Toronto, Orillia continues to grow as a vibrant lakeside community with expanding infrastructure and amenities. Don't miss this rare opportunity to own a cash-flow-ready triplex in one of Orillia's most desirable locations! (id:45839)
  • Listing ID: S12297601
  • Property Type: Multi-family
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Details

  • Equipment: Water Heater - Gas, Water Heater
  • Features: Sump Pump
  • Parking Spaces: 5
  • Rental Equipment: Water Heater - Gas, Water Heater
  • Structure: Deck
  • Transaction: For sale
  • Zoning Description: R3

Building

  • Amenities: Fireplace(s)
  • Appliances: Water meter, Dishwasher, Dryer, Stove, Washer, Window Coverings, Refrigerator
  • BasementType: Full
  • Bedrooms Main Level: 6
  • Bedrooms Lower Level: 1
  • Exterior Finish: Brick, Wood
  • Fireplace Present: True
  • Fireplace Total: 1
  • Foundation: Block
  • Bathrooms (Total): 3
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Size Interior: 2500 - 3000 sqft
  • Stories Total: 2
  • Type: Triplex
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Depth: 98 ft ,7 in
  • Size Frontage: 65 ft
  • Size Irregular: 65 x 98.6 FT

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    This property for sale is located at 12 KING'S COURT in Orillia. It was last modified on September 3rd, 2025. Contact Christine Smith to schedule a viewing or to discover other Orillia properties for sale.

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