240 Clayborne Place
Orillia, ON
- 6 bed
- 4 bath
- approx. 2500-3000 sqft
- Fourplex
An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available
Listing Details
- Taxes (2025)
- $5,516
- Listed
- October 14, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Slab
- Interior
- Separate Hydro Meter
- Lot Size
- 30.62 x 107.65 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Atherley Rd To East St To Clay
- Zoning
- Residential
- Parcel Number
- 586740081
- Possession
- Other
- Occupancy
- Tenant
Included
- Inclusions
- 4 Fridges, 4 Stoves, 2 Washer/ Dryer, 1 Dishwasher
- Exclusions
- Tenant belongings
- Rental Items
- 1 Hot Water Heater
Schools
Elementary
- St Bernard's Separate School0.5 km
Catholic · Simcoe Muskoka CDSB · 240 students
Grade 3 reading: 74% met the provincial standard · Grade 6 math: 9% met the provincial standard
- Regent Park Public School0.7 km
Public · Simcoe County DSB · 465 students
Grade 3 reading: 41% met the provincial standard · Grade 6 math: 44% met the provincial standard
- Lions Oval Public School2.1 km
Public · Simcoe County DSB · 440 students
Grade 3 reading: 63% met the provincial standard · Grade 6 math: 47% met the provincial standard
Secondary
- Orillia Secondary School2.8 km
Public · Simcoe County DSB · 1275 students
Grade 10 literacy: 83% met the provincial standard
- Twin Lakes Secondary School3 km
Public · Simcoe County DSB · 835 students
Grade 10 literacy: 85% met the provincial standard
- Patrick Fogarty Catholic Secondary School3.5 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
- 523
- Median days on market
- 27
- Sale-to-list price
- 96.2%
Based on 523 recorded sales of residential freehold properties in Orillia over the last 12 months.
Rooms
4-piece on Second, 4-piece on Second, 4-piece on Main, 4-piece on Main
Second
- Bedroom 210'10" x 8'10"
- Kitchen16' x 11'2"
- Kitchen11' x 9'7"
- Primary Bedroom13'4" x 10'5"
- Primary Bedroom11'6" x 9'8"
Main
- Bedroom 211'1" x 9'3"
- Kitchen13'4" x 9'5"
- Kitchen10' x 9'7"
- Living Room11'4" x 9'6"
- Living Room13'3" x 9'7"
- Primary Bedroom13'8" x 12'8"
- Primary Bedroom11'2" x 8'
Listed by
CENTURY 21 B.J. ROTH REALTY LTD.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$197,800
Estimated Monthly Payment
$4,859
Land transfer tax
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: $4,859/mo (20% down, 5.5%)
Taxes: $460/mo · Insurance: $247/mo
Estimates only. Consult a financial advisor.
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