Salehian.com 647-325-5000

416 Gill Street

Orillia, Orillia, L3V 4K6

$1,150,000

Reduced $100,000 from $1,250,000

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  • 8 bedrooms
  • 4 bathrooms
  • 8 parking
  • 3500-5000 sq ft

Listed 169 days ago · MLS® S13078240

About this home

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.

Details

Type
Fourplex
Style
Bungalow-Raised
Size
3500-5000 sq ft
Lot
74.8 × 197.35 ft
Basement
Apartment
Garage
None
Kitchens
4
Property tax
$7,785 (2025)
Neighbourhood
Orillia
Municipality
Orillia

Interior

Bedrooms
8 above ground
Bathrooms
4 × 4-piece
Rooms
16 above ground
Family room or den
No
Fireplace
No
Features
Separate Heating Controls, Generator - Partial

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
Bungalow-Raised
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Faces
East

Parking

Total parking
8
Driveway and parking
Private

Lot

Size
74.8 × 197.35 ft

More

Possession
Immediate
Cross street
Highway 12 and Gill

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 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 (950 m).

Schools nearby

Elementary

  • Regent Park Public School
    EQAO: Gr 6 reading 77%, math 44%    5 min walk
  • St Bernard's Separate School Catholic
    EQAO: Gr 6 reading 55%, math 9%    9 min walk
  • Lions Oval Public School
    EQAO: Gr 6 reading 65%, math 47%    2.2 km
  • Harriett Todd Public School
    EQAO: Gr 6 reading 81%, math 50%    2.3 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 Jazz INC..

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

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