Salehian.com 647-325-5000

14 Elgin Street

Orillia, Orillia, L3V 1R9

$2,299,000

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Listed 173 days ago · MLS® S13062022

About this home

Great investment opportunity in Otilia! This well-maintained 12-unit property offers a strong income potential with a desirable unit mix of six 1-bedroom units and six bachelor suites. The building includes seven parking spaces, adding extra value and convenience for tenants. Ideally located close to downtown, public transit, shopping, and schools, this property is highly attractive to students and urban renters alike. A solid addition to any investment portfolio with consistent rental demand in a prime location. Clean Phase 1 report available.

Details

Type
Investment
Lot
50 × 105 ft
Garage
Outside/Surface
Property tax
$18,208 (2025)
Neighbourhood
Orillia
Municipality
Orillia

Heating, cooling and services

Heating
Gas Hot Water
Utilities
Yes

Building and exterior

Building area
5,242 Square Feet

More

Possession
30/60/TBA
Cross street
West Street S/Colborne St W
Business type
Apts - 6 To 12 Units

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 22 cafés and restaurants, 6 parks, 3 pharmacies. Nearest grocery: Metro (700 m). Nearest park: St. James Commons (450 m).

Schools nearby

Elementary

  • Lions Oval Public School
    EQAO: Gr 6 reading 65%, math 47%    13 min walk
  • Harriett Todd Public School
    EQAO: Gr 6 reading 81%, math 50%    1.5 km
  • Regent Park Public School
    EQAO: Gr 6 reading 77%, math 44%    1.8 km
  • École élémentaire catholique Samuel-de-Champlain French
    EQAO: Gr 6 reading 77%, math 41%    1.8 km

Secondary

  • Orillia Secondary School
    EQAO: Gr 9 math 42%, literacy test 83%    1.6 km
  • Twin Lakes Secondary School
    EQAO: Gr 9 math 35%, literacy test 85%    1.9 km
  • Patrick Fogarty Secondary School Catholic
    EQAO: Gr 9 math 40%, literacy test 83%    2.5 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L3V

Owners / renters
70% / 30%
Median household income
$77,500
Average age
46
Children under 15
14%
Homes
67% detached, 5% high-rise
Commute by transit
2%
Population
48,651

Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 0.2%, Mandarin 0.2%, Yue (Cantonese) 0.2%, Gujarati 0.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Orillia (OPP): 102 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by GRANGE HALL REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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