Salehian.com 647-325-5000

240 Clayborne Place

Orillia, Orillia, L3V 1M5

$989,000

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  • 6 bedrooms
  • 4 bathrooms
  • 6 parking
  • 2500-3000 sq ft

Listed 3 days ago · MLS® S14088928

About this home

An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available

Details

Type
Fourplex
Style
2-Storey
Size
2500-3000 sq ft
Lot
30.62 × 107.65 ft
Basement
Crawl Space
Garage
None
Kitchens
4
Property tax
$5,516 (2025)
Neighbourhood
Orillia
Municipality
Orillia

Interior

Bedrooms
6 above ground
Bathrooms
1 × 4-piece (second), 1 × 4-piece (second), 1 × 4-piece (main), 1 × 4-piece (main)
Rooms
13 above ground
Family room or den
No
Fireplace
No
Features
Separate Hydro Meter

Heating, cooling and services

Heating
Baseboard, Electric
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation
Slab
Faces
North

Parking

Total parking
6
Driveway and parking
Private

Lot

Size
30.62 × 107.65 ft
Acreage
< .50

More

Cross street
Atherley Rd To East St To Clay

Rooms

RoomLevelSizeFeatures
Primary BedroomMain3.4 × 2.44 m (11'2" × 8')
Primary BedroomMain4.17 × 3.86 m (13'8" × 12'8")
Bedroom 2Main3.38 × 2.82 m (11'1" × 9'3")
KitchenMain4.06 × 2.87 m (13'4" × 9'5")
KitchenMain3.05 × 2.92 m (10' × 9'7")
Living RoomMain3.45 × 2.9 m (11'4" × 9'6")
Living RoomMain4.04 × 2.92 m (13'3" × 9'7")
Primary BedroomSecond4.06 × 3.18 m (13'4" × 10'5")
Primary BedroomSecond3.51 × 2.95 m (11'6" × 9'8")
Bedroom 2Second3.3 × 2.69 m (10'10" × 8'10")
KitchenSecond3.35 × 2.92 m (11' × 9'7")
KitchenSecond4.88 × 3.4 m (16' × 11'2")

History of this address

2 earlier listings 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 Car-dependent

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

Within a 10-minute walk: no grocery stores, 2 cafés and restaurants, 1 park. Nearest park: Ribbons of Steel (550 m).

Schools nearby

Elementary

  • St Bernard's Separate School Catholic
    EQAO: Gr 6 reading 55%, math 9%    10 min walk
  • Regent Park Public School
    EQAO: Gr 6 reading 77%, math 44%    12 min walk
  • Lions Oval Public School
    EQAO: Gr 6 reading 65%, math 47%    2.1 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 CENTURY 21 B.J. ROTH REALTY LTD..

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

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