$639,000
16 ALBERT STREET N
Beds
6
Baths
2
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Orillia. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Turnkey Duplex Investment Opportunity Offering Two Fully Renovated Units With Extensive Upgrades & Strong Income Potential. This Property Features Six Total Bedrooms Across Two Spacious Three-Bedroom Units-Ideal For Investors, Multi-Generational Living, Or An Owner-Occupied Income Property. Main Floor Unit Was Fully Renovated In February 2026 & Features Wide-Plank Luxury Vinyl Flooring, Ceramic Tile, A Brand-New Kitchen With Updated Cabinetry & Counters, & A New Bathroom. Includes Stainless Steel Fridge & Stove Plus In-Suite Washer & Dryer. Upper Level Unit Was Fully Renovated In September 2025 With Wide-Plank Luxury Vinyl Flooring, A New Kitchen, & An Updated Bathroom. Includes Stainless Steel Fridge, White Stove, & A Dedicated Oversized Laundry Room With Washer & Dryer On The Same Level. Forced-Air Heating Throughout With Supplemental Electric Baseboard Heaters In Bedrooms & Bathroom.Major Capital Upgrades Include New Siding & Windows (Dec 2025), Updated Wall Insulation During Renovations, New Furnace & A/C (2023), Updated Electrical Wiring & Breakers, New Garage Door & High-Power Silent Opener, Plus A Fully Fenced Backyard & Powered Garage.Excellent Location Steps To Downtown Orillia Shops & Restaurants, Under 3 Minutes To Soldiers' Memorial Hospital, & Less Than 10 Minutes To Hwy 11 & Major Shopping.A Fully Upgraded Duplex In A Revitalizing Neighbourhood-An Exceptional Opportunity For Investors Seeking Long-Term Value & Income Potential. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- Orillia
- Lot dimensions
- 49.9 x 106 FT
- Bedrooms
- 6 above grade
- Parking
- 6 total
- Stories
- 2
- On market
- Apr 13, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $2,553.5
- Zoning
- C1
- Photos
- 49
- MLS#
- S12993468
- Area
- ORILLIA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Flooring
Foundation
Lot
Utilities
Security
Cash on cash
-5.89%
Cap rate
3.69%
GRM
16.1
Break-even rent
$3,960
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.