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Investment signal

$539,000

467 HIGH STREET

Save this home

Beds

3

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

Welcome to this beautifully updated century home on sought-after High Street in Orillia, perfect for first-time buyers, young families, or anyone seeking character with modern upgrades. Set on an impressive 50 x 160 ft lot, one of the largest in the area, this property offers exceptional outdoor space rarely found in the city. A newly fenced rear section provides an area perfect for pets or children, while the deep lot offers endless potential for gardening, entertaining, or future projects. Inside, the home blends timeless charm with thoughtful renovations. The entire upper level has been recently updated, featuring new drywall, added Rockwool insulation, and a smart vapor barrier for improved comfort and efficiency. Select interior walls include soundproofing, ideal for those working from home. The dedicated home office space makes remote work both practical and private. Original wood floors have been beautifully restored, adding warmth and character throughout. The upper level also features newly installed pot lights and additional electrical outlets, bringing a bright, modern feel to the space. A truly standout feature is the large, historic barn, an incredibly rare find on an in-town property, and one of the few remaining. Equipped with its own 60-amp subpanel, it offers endless possibilities for a workshop, studio, storage, or hobby space. Located close to downtown, schools, parks, and amenities, this unique property combines small-town charm with everyday convenience. Don't miss your chance to own a one-of-a-kind home with space, character, and flexibility. (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
Orillia
Condition
Insulation upgraded
Lot dimensions
49.2 x 160.8 FT
Bedrooms
3 above grade
Parking
8 total
Stories
2
On market
Apr 23, 2026
Status changed
Apr 24, 2026
Annual tax
$4,180.32 (2025)
Zoning
R2
Photos
29
MLS#
S13033332
Area
ORILLIA

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

WasherRefrigeratorWater meterDishwasherStoveDryerWater Heater - TanklessWater Heater

Heating

Forced airElectric

Cooling

Central air conditioning

Exterior

Vinyl siding

Foundation

Stone

Lot

Carpet Free
Negative cash flow ~$621/mo at these assumptions

Cash on cash

-6.91%

Cap rate

3.48%

GRM

16.6

Break-even rent

$3,353

Financing

Down payment$107,800
Loan amount$431,200
Mortgage$2,185/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$247
Insurance$80
Maintenance$449
CapEx reserve$225
Vacancy loss$135

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

Estimated $2,185/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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