Apartment buildings for sale in Barrie–Simcoe

116 Albert Street S, Orillia

2 to 5 units
Listed by FARIS TEAM REAL ESTATE BROKERAGE
Updated September 2, 2026
$649,000
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Details from the listing

Property taxes$3,326 (2025)
Lot size69.69 × 88.62 ft
OccupancyTenant
HeatForced Air, Gas

From the listing

Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 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.

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Listings refreshed October 1, 2026 at 12:25 a.m. ET