199 Nottawasaga Street • Orillia, ON photo 1
199 Nottawasaga Street • Orillia, ON photo 2
199 Nottawasaga Street • Orillia, ON photo 3
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$950,000
199 Nottawasaga Street • Orillia, ONNew
Courtesy of CASMIR REALTY
5
Bedrooms
3
Bathrooms
2000-2500
Square feet
5
Parking

About this home

Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.

Property details

Property type
Triplex
Style
2 1/2 Storey
Total rooms
14
Lot size
50.64 × 216.9 ft
Property taxes
$5,853 (2026)
Occupancy
TBA
Days on market
2
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Sep 2, 2026, 7:28 p.m. EDT via TRREB IDX.

First listed: Sep 2, 2026, 7:28 p.m. EDT.