For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Orillia · Orillia

116 Albert Street S

Triplex

MLS® #S14081642

Listed for$599,0001 day on market

4 bed 3 bath 3 parking 1500-2000 sq ft~$342/sq ft

New this week
Listing states: renovated
Transit stop ~1.6 km

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Est. all-in monthly~$3,064/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~1.64 km

Property information

What house buyers ask first

Lot size: 69.69 × 88.62 ft
Square footage: 1500-2000 sq ft
Age: ~100+ years old
Property tax: $3,326 / yr
Parking: 3 spaces · None
Basement: Full, Unfinished

Property summary

Property type: Triplex
Style: 2-Storey
Approx. age: 100+ years
Lot size: 69.69 × 88.62 ft
Parking: 3 spaces · None
Heating: Forced Air
Air conditioning: None
Basement: Full, Unfinished
Kitchens: 3
Exterior: Brick
Property tax: $3,326 / yr
MLS®: S14081642

Room dimensions

Living Roomvinyl floor, open concept

Main3.11 × 2.22 m

Bedroomlaminate, window

Upper4.14 × 2.8 m

Bedroomvinyl floor, closet, window

Main3.32 × 2.18 m

Living Roomlaminate, closet, w/o to balcony

Upper5.0 × 3.38 m

Bedroomlaminate, window

Upper2.83 × 2.15 m

Kitcheneat-in kitchen, laminate

Upper3.37 × 2.89 m

Kitcheneat-in kitchen, vinyl floor, window

Main5.94 × 3.95 m

BedroomVinyl Floor

Main3.56 × 3.11 m

Kitcheneat-in kitchen, vinyl floor, window

Main3.3 × 2.65 m

Denvinyl floor, closet, window

Main2.67 × 1.58 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Detached

$374,900

Below recent sales

120 Barrie Road

2 bed · 2 bath·700-1100 sq ft·2 parking

Orillia

Listed 18 days ago · Faris Team Real Estate Brokerage

Detached

$250,000$285,000Price reduced from $285,000

Below recent sales

137 Dufferin Street

1+1 bed · 2 bath·700-1100 sq ft·3 parking

Orillia

Listed 69 days ago · Century 21 B.J. Roth Realty Ltd.

Detached

$294,500

Below recent sales

103 Mississaga Street W

2 bed · 1 bath·< 700 sq ft·2 parking

Orillia

Listed 19 days ago · Royal LePage Quest

Detached

$379,900

Below recent sales

173 Barrie Road

3 bed · 2 bath·1100-1500 sq ft·4 parking

Orillia

Listed 4 days ago · RE/MAX Right Move

Detached

$399,000

Below recent sales

50 DUNEDIN Street

3 bed · 1 bath·700-1100 sq ft·2 parking

Orillia

Listed 126 days ago · Sutton Group-Associates Realty Inc.

Detached

$349,900$499,000Price reduced from $499,000

Below recent sales

79 Frederick Street

3 bed · 1 bath·1100-1500 sq ft·8 parking

Orillia

Listed 68 days ago · Century 21 B.J. Roth Realty Ltd.

The numbers that matter

Property tax: $3,326/yr
Est. all-in: ~$3,064/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Harriett Todd Public SchoolPublic · Elementary & Secondary · Simcoe County DSB1.2 km
Twin Lakes Secondary SchoolPublic · Secondary · Simcoe County DSB1.6 km
Orillia Christian SchoolPrivate · Elementary & Secondary · ..1.8 km
Regent Park Public SchoolPublic · Elementary & Secondary · Simcoe County DSB1.8 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Memorial Avenue at Kelsey'sNearest transit · Bus stop~1.6 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Orillia

$579KMedian sold

39Median days on market

96.6%Sale-to-list

Median sold price · Orillia1-yr -6% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Description & details

Top 5 Reasons You Will Love This Home: 1) Discover an exceptional opportunity to invest in the heart of Orillia with this legal triplex, offering three residential units and exciting income potential, including a beautifully renovated, vacant suite that provides the flexibility to move right in or welcome a new tenant at current market rental rates 2) Take advantage of a prime downtown location where shopping, restaurants, grocery stores, healthcare services, and everyday conveniences are all within easy reach, complemented by nearby waterfront attractions and the beautiful shores of Lake Couchiching, creating an appealing setting for both residents and prospective tenants 3) Move forward with confidence knowing several significant improvements have already been completed, including a brand-new furnace (2026), updated eavestroughs (2025), and a newer roof (2024), while two modernized suites, including one recently renovated and vacant unit, add to the property's overall appeal and functionality 4) Whether you're looking to expand your investment portfolio or offset your mortgage by living in one unit while renting the others, this versatile property presents an attractive opportunity with projected annual rental income approaching $50,000, offering the potential to generate revenue while building long-term equity 5) Explore the possibilities of this income-producing property with a detailed revenue and expense statement available upon request, providing valuable financial insight for prospective buyers looking to make an informed investment in Orillia's rental market. 1,943 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by FARIS TEAM REAL ESTATE BROKERAGE. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.