Opportunity meets versatility in Orillia's highly sought-after North Ward. This legal duplex presents an exceptional investment opportunity while offering the flexibility to suit owner-occupants and multi-generational families alike. With two self-contained units, it's ideal for generating rental income and offsetting your mortgage.
The vacant upper unit is move-in ready and features three bedrooms, a 4-piece bathroom, and a spacious kitchen with French doors leading to an oversized backyard. Set on a generous 60 x 151ft lot and surrounded by mature trees, the outdoor space offers privacy and plenty of room for summer BBQs, gardening, or relaxing with family and friends.
The legal lower-level studio apartment is currently tenanted with an excellent long-term tenant, providing immediate rental income, and offers a bright kitchen, generous living space, a spacious bathroom, and it's own private entrance and dedicated laundry - comfort, convenience, and independence for both occupants.
Complete with a detached garage and ideally located just minutes from parks, schools, shopping, and Orillia's vibrant waterfront, this is a rare opportunity to own a flexible, income-producing property in one of the city's most desirable neighborhoods.
Stove (x2), Dishwasher (x2), Fridge (x2), Washer/Dryer (x2), AELF, window coverings, furnace, A/C, hot-water tank (owned), gas fireplace (as-is condition), white & grey wardrobe in third bedroom.