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$1,250,000

416 Gill Street, Orillia, ON L3V 4K6

Orillia

Bedrooms
8
Bathrooms
4
Parking
8
Type
Fourplex
AI summary
Reading the listing details…

About this listing

The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey.

Property details

Days on market
2 days
Property taxes
$7,785/yr (2025)
Lot size
74.8 × 197.35 Feet
Style
Bungalow-Raised
Heating
Forced Air (Gas)
Basement
Apartment
Construction
Brick
Facing
East

Payment calculator

$250,000 (20%)
%
Estimated payment
$5,535 /mo
Mortgage amount
$1,000,000

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

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Walkability, transit, and bike-friendliness for 416 Gill Street, Orillia, ON L3V 4K6

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MLS# S13078240

Listed by RE/MAX JAZZ INC.

On market since May 4, 2026

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About 416 Gill Street, Orillia, ON L3V 4K6

How much is 416 Gill Street, Orillia, ON L3V 4K6?

416 Gill Street, Orillia, ON L3V 4K6 is listed for $1,250,000 CAD.

How many bedrooms and bathrooms does 416 Gill Street, Orillia, ON L3V 4K6 have?

416 Gill Street, Orillia, ON L3V 4K6 has 8 bedrooms and 4 bathrooms.

What type of property is 416 Gill Street, Orillia, ON L3V 4K6?

416 Gill Street, Orillia, ON L3V 4K6 is a Fourplex.

What neighbourhood is 416 Gill Street, Orillia, ON L3V 4K6 in?

416 Gill Street, Orillia, ON L3V 4K6 is in Orillia, Ontario.

Is 416 Gill Street, Orillia, ON L3V 4K6 for sale or for rent?

416 Gill Street, Orillia, ON L3V 4K6 is currently for sale.

How do I book a showing for 416 Gill Street, Orillia, ON L3V 4K6?

Contact Alex Morgan at +16471112222 to arrange a private showing of 416 Gill Street, Orillia, ON L3V 4K6 (MLS# S13078240). You can also send a message through the contact form on this site.