$649,888
240 LACLIE STREET
Beds
7
Baths
3
Sqft
—
Year
—
Type
Single Family
Suite
Suite potential
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
Top 5 Reasons You Will Love This Home: 1) Legal triplex in North Ward Orillia, with established tenants providing immediate rental income 2) Recently vacated upper unit offering flexibility to add new tenants or for owner occupancy with supplemental income 3) Located in the heart of Orillia within walking distance of downtown, everyday amenities, and the scenic Lake Couchiching waterfront, making it a perfect fit for young professionals seeking both convenience and lifestyle 4) Well-maintained property with a paved driveway and parking for six vehicles 5) Turn-key investment ready for new owners, plus added peace of mind with key updates including a newer furnace in the main house installed in 2017 and a new hot water tank in 2022. 3,646 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Orillia
- Common interest
- Freehold
- Lot dimensions
- 61.3 x 120.1 FT
- Bedrooms
- 7 above grade
- Parking
- 6 total
- Stories
- 2
- Fireplace
- 2
- On market
- Mar 18, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $6,999
- Zoning
- R4
- Photos
- 32
- MLS#
- S12894478
- Area
- ORILLIA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Flooring
Foundation
Cash on cash
-6.37%
Cap rate
3.59%
GRM
16.4
Break-even rent
$4,026
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 21, 2026.