Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
371 Barrie Rd. Orillia On L3v 2s1 is located in Orillia, ON (L3V 2S1).
371 Barrie Rd. Orillia On L3v 2s1 is listed for sale at $1,098,000.
This home offers 10 bedrooms and 9 bathrooms.
It is a home.
Annual property taxes are approximately $7,408 (2025).
Yes — 371 Barrie Rd. Orillia On L3v 2s1 includes 5 parking spaces.
Contact Barbara Beers and the Barbara Beers Real Estate team at +1-905-634-2335 or barbara@barbarabeers.com to book a private showing or request more details.
Purchase Price
Estimate only. Does not include property taxes, insurance, or fees. Actual rates may vary. Contact us for personalized mortgage guidance.
Listing Brokerage: RE/MAX HALLMARK CHAY REALTY
Co-Listing Brokerage: RE/MAX HALLMARK CHAY REALTY
Advertised By: Royal LePage® Burloak Real Estate Services
MLS®, REALTOR®, and associated logos are trademarks of CREA.
371 Barrie Rd. Orillia On L3v 2s1, Orillia, ON, L3V 2S1
City: Orillia
Price: $798,000 - $1,398,000
Type: Residential
Bedrooms: 10+
Bathrooms: 9+