Orillia Multifamily Properties for Sale

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More details for 416 Gill St, Orillia, ON - Multifamily for Sale

416 Gill Street - 416 Gill St

Orillia, ON L3V 4K6

Multifamily for Sale
$1,299,000 CAD
3,842 SF

Orillia Multifamily for Sale - Northern GGH

The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey.

Contact:

Re/Max Jazz Inc. Brokerage

Property Subtype:

Multi Family

Date on Market:

2025-12-17

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Multifamily Properties for Sale in Orillia

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How many multifamily properties are available for sale in Orillia?

There are currently 1 multifamily properties available for sale in Orillia, offering a unique opportunity for businesses to establish a presence.

How big are the multifamily properties available for sale in Orillia?

The average size of multifamily properties available for sale in Orillia is about 3,842 SF. The largest multifamily properties available to buy is 3,842 SF and the smallest is 3,842 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for multifamily properties in Orillia?

The average market cap rate for multifamily properties for sale is about 3.82% based on data provided in Orillia. Learn more about how cap rates are calculated.

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Multifamily Property for Sale near Orillia