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17 Champlain Street

17 Champlain Street

Orillia, ON

6 bed • 3 bath • 7,724 sqft • Investment • 182 days on market

$877,000

Residential property with three self-contained units. Solid brick 1/2 story home in prime Orillia North Ward, steps from the Lake Couchiching. Legal duplex with 3 separate units, each with its own kitchen and bathroom with a total of 6 bedrooms, 3 bathrooms, 3 kitchens, 2 laundries. 3 bedroom unit on the main floor with its own washer/dryer, 1 bedroom unit upstairs, and 2 bedroom unit in the basement with its own washer/dryer. Live on the main floor and rent the other 2 units, or buy it as a pure income property. All units recently renovated. Fully fenced and gated backyard with a 3 car detached garage 31 x 29 ft with separate 9 ft doors and ample of parking. Steps to schools, Couchiching Golf Course, and the lake. Easy access to Hwy 11. Great cash flow: Basement rented for $1,995, upstairs for $1,250, main floor was rented for $2,200 and currently vacant. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Possibility to build 2 more units (2 garden suites) on top of the garage. Seller can assist with permits and construction. Recent updates: steel roof, furnace, air conditioner, some windows, hot water heater, electrical service. Pictures taken before tenants moved in and digitally modified to remove personal items.

Listing Details

Taxes (2025)
$2,706
Listed
February 26, 2026

Price History

Listing history

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Property

Lot Size
50 x 154.48 Feet

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Hwy 11/West St
Zoning
R2
Parcel Number
586290053
Possession
Flexible

Commercial

Business Type
Apts - 2 To 5 Units
Occupancy
Tenant

Included

Inclusions
3 Fridges, 3 Stoves, 2 Washers, 2 Dryers

Community

Postal area L3V

Population
48,651
Private dwellings
22,293
Median age
47.6
Average household size
2.3
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Orillia · last 12 months

Median sold price
$590,000
Homes sold
538
Median days on market
27
Sale-to-list price
96.4%

Based on 538 recorded sales of commercial properties in Orillia over the last 12 months.

Listed by

REMAX YOUR COMMUNITY REALTY

Commercial figures

Building area
7,724 sq ft
Price per sq ft
$113.54
Annual property tax
$2,706
Tax per sq ft
$0.35

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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