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371 EAST ST ORILLIA Street

371 EAST ST ORILLIA Street

Orillia, ON

  • 10 bed
  • 4 bath
  • approx. 1500-2000 sqft
  • Fourplex
$589,000

4 PLEX in Orillia ready to rent to your tenants of choice and set to generate immediate income of estimated $7000 per month with excellent parking at front and rear (approximated 6-8 cars). Low maintenance building offers Unit #1- 3 Bedrooms and 1 bathroom ; Unit #2 - Bachelor with 1 bathroom ; Unit #3 - 4 Bedroom and 1 bathroom ; Unit #4 - 2 Bedrooms and 1 bath. Located steps to downtown, Tudhope park and the waterfront this is ideal for first-time investors looking to build equity in a town with strong demand. Home has two gas furnaces for heat, steel roof and vinyl windows. 10 Bedrooms and 4 baths in total.

Listing Details

Taxes (2025)
$5,412
Listed
October 9, 2026

Price History

Listing history

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Property

Style
2-Storey
Age
51-99
Construction
Aluminum Siding, Vinyl Siding
Roof
Shingles
Foundation
Brick
Interior
Other
Lot Size
44 x 115 Feet

Parking

Garage
None
Covered Spaces
0
Total Parking
5

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
East St. & Oxford St.
Zoning
R2
Parcel Number
586750059
Possession
Flexible
Occupancy
Vacant

Included

Inclusions
None - Sold "as is" as per Schedule B Vendor does not warrant ownership or condition of chattles
Exclusions
None - Sold "as is" as per Schedule B
Rental Items
Hot water heater and any other items which may exist at the property which may be subject to rental agreement, lease agreement or conditional sales contract. Reliance furnace $103.99/mth

Schools

Elementary

  • Regent Park Public School0.3 km

    Public · Simcoe County DSB · 465 students

    Grade 3 reading: 41% met the provincial standard · Grade 6 math: 44% met the provincial standard

  • St Bernard's Separate School0.3 km

    Catholic · Simcoe Muskoka CDSB · 240 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 9% met the provincial standard

  • Lions Oval Public School2.4 km

    Public · Simcoe County DSB · 440 students

    Grade 3 reading: 63% met the provincial standard · Grade 6 math: 47% met the provincial standard

Secondary

  • Twin Lakes Secondary School2.9 km

    Public · Simcoe County DSB · 835 students

    Grade 10 literacy: 85% met the provincial standard

  • Orillia Secondary School3.1 km

    Public · Simcoe County DSB · 1275 students

    Grade 10 literacy: 83% met the provincial standard

  • Patrick Fogarty Catholic Secondary School3.8 km

    Catholic · Simcoe Muskoka CDSB · 720 students

    Grade 10 literacy: 83% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

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

Residential Freehold in Orillia · last 12 months

Median sold price
$575,000
Homes sold
526
Median days on market
27
Sale-to-list price
96.2%

Based on 526 recorded sales of residential freehold properties in Orillia over the last 12 months.

Rooms

2 × 3-piece on Ground, 3-piece on Basement, 3-piece on Upper

Upper

  • Bedroom10' x 10'
  • Bedroom 210' x 10'
  • Bedroom 310' x 10'
  • Bedroom 410' x 10'

Ground

  • Bathroom7' x 10'
  • Bathroom7' x 10'
  • Bedroom10' x 10'
  • Bedroom 210' x 10'
  • Bedroom 310' x 10'

Basement

  • Bedroom10' x 10'

Listed by

CENTURY 21 B.J. ROTH REALTY LTD.

Walk Score

63

Walk

55

Bike

Scores by Walk Score®

Mortgage Calculator

$117,800

Estimated Monthly Payment

$2,894

Land transfer tax

Estimated land transfer tax$8,255

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,894/mo (20% down, 5.5%)

Taxes: $451/mo · Insurance: $147/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions 4 PLEX in Orillia ready to rent to your tenants of choice and set to generate immediate income of estimated $7000 per month with excellent parking at front and rear (approximated 6-8 cars).. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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