371 Barrie Road
Orillia, Orillia, L3V 2S1
$1,098,000
- 8+2 bedrooms
- 9 bathrooms
- 5 parking
- 2500-3000 sq ft
Listed 124 days ago · MLS® S13464316
About this home
Investor Alert! SAVE ON TAXES. VTB AVAILABLE (to qualified buyers) Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy this is a cornerstone asset for any portfolio. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.
Details
- Type
- Duplex
- Style
- 2-Storey
- Age
- 6-15 years
- Size
- 2500-3000 sq ft
- Lot
- 50 × 137 ft
- Basement
- Full, Walk-Up
- Garage
- None
- Kitchens
- 3
- Property tax
- $7,408 (2025)
- Neighbourhood
- Orillia
- Municipality
- Orillia
Interior
- Bedrooms
- 8 above ground + 2 below
- Bathrooms
- 4 × 3-piece (main), 3 × 3-piece (upper), 1 × 2-piece (lower), 1 × 3-piece (lower)
- Kitchens
- 3 (1 below ground)
- Rooms
- 11 above ground + 4 below
- Family room or den
- No
- Fireplace
- No
Heating, cooling and services
- Heating
- Forced Air, Gas
- Air conditioning
- Central Air
- Water and sewer
- Sewer
Building and exterior
- Style
- 2-Storey
- Exterior
- Vinyl Siding
- Roof
- Metal
- Foundation
- Block
- Age
- 6-15 years
- Faces
- South
Parking
- Total parking
- 5
- Driveway and parking
- Private
Lot
- Size
- 50 × 137 ft (rectangular)
More
- Possession
- Flexible
- Cross street
- Hwy 12 & Mississauga St W
Rooms
| Room | Level | Size | Features |
|---|---|---|---|
| Living Room | Main | 4.51 × 3.91 m (14'10" × 12'10") | |
| Kitchen | Main | 3.9 × 3.29 m (12'10" × 10'10") | |
| Primary Bedroom | Main | 3.69 × 3.01 m (12'1" × 9'11") | 3 Pc Ensuite |
| Bedroom 2 | Main | 3.61 × 3.04 m (11'10" × 10') | 3 Pc Ensuite |
| Bedroom 3 | Main | 3.64 × 3.01 m (11'11" × 9'11") | 3 Pc Ensuite |
| Bedroom 4 | Main | 3.61 × 3.09 m (11'10" × 10'2") | 3 Pc Ensuite |
| Living Room | Second | 4.9 × 3.91 m (16'1" × 12'10") | |
| Kitchen | Second | 3.9 × 2.9 m (12'10" × 9'6") | |
| Primary Bedroom | Second | 3.58 × 3.01 m (11'9" × 9'11") | 3 Pc Bath |
| Bedroom 2 | Second | 3.61 × 3.21 m (11'10" × 10'6") | 3 Pc Ensuite |
| Bedroom 3 | Second | 3.61 × 3.09 m (11'10" × 10'2") | 3 Pc Ensuite |
| Recreation | Lower | 7.42 × 4.9 m (24'4" × 16'1") | W/O To Yard |
| Kitchen | Lower | 3.64 × 3.44 m (11'11" × 11'3") | |
| Bedroom | Lower | 4.53 × 3.88 m (14'10" × 12'9") | 3 Pc Ensuite, Walk-In Closet(s) |
| Bedroom | Lower | 4.35 × 3.44 m (14'3" × 11'3") | |
| Laundry | Lower | 3.91 × 2.85 m (12'10" × 9'4") | |
| Bedroom 4 | Second | 4.35 × 3.44 m (14'3" × 11'3") | |
| Bathroom | Second | 3.69 × 3.01 m (12'1" × 9'11") | 3 Pc Ensuite |
| Bathroom | Lower | 3.69 × 3.01 m (12'1" × 9'11") | 2 Pc Bath |
| Bathroom | Lower | 3.69 × 3.01 m (12'1" × 9'11") | 3 Pc Bath |
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 8 cafés and restaurants, 4 parks, 1 pharmacy. Nearest park: Lakeview Park (450 m).
Schools nearby
Elementary
- Harriett Todd Public School
EQAO: Gr 6 reading 81%, math 50%6 min walk - Lions Oval Public School
EQAO: Gr 6 reading 65%, math 47%2.0 km - École élémentaire catholique Samuel-de-Champlain French
EQAO: Gr 6 reading 77%, math 41%2.2 km
Secondary
- Twin Lakes Secondary School
EQAO: Gr 9 math 35%, literacy test 85%3 min walk - Orillia Secondary School
EQAO: Gr 9 math 42%, literacy test 83%2.0 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 RE/MAX HALLMARK CHAY REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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