55 Fittons Road E Orillia, Ontario L3V 2J2
$649,900
City-approved, legal duplex offering two self-contained, move-in ready units (up/down) with private entrances - ideal for investors, multi-generational families or homeowners looking to offset mortgage costs. This brick & siding home with metal roof (2017) delivers immediate cash flow in a high-demand rental area. The upper unit features 3 bedrooms, an updated 3-pc bath (tub/shower combo), full kitchen and open-concept living/dining space. The bright lower unit offers 1 bedroom, 3-pc bath (shower), large above-grade windows, an efficient kitchen and cozy living/eating area. Both units have been freshly painted in calming neutrals & include recent updates to kitchens, baths, flooring, doors & trim. Additional features: forced-air gas furnace, central A/C, covered carport and parking for 3-4 vehicles. The fully fenced backyard backs onto the peaceful Couchiching Golf Course - offering green views, added privacy and regular wildlife sightings. Projected rental income (Orillia averages): 3-bedroom unit: approx. $2,000-2,300/month. 1-bedroom unit: approx. $1,400-1,800/month. Total gross income: approx $40,800 - 49,200/year. Located just 7 minutes to downtown Orillia & the marina, 15 mins to Casino Rama and 30 mins to two ski resorts. Enjoy beaches, year-round festivals, dining and recreation at your doorstep. A rare opportunity to secure a hands-off investment with great returns - or enjoy home ownership with a healthy built-in income stream. Be sure to view the 3D tour and slideshow below, then book your showing and discover the income potential and mortgage versatility this turnkey gem truly has to offer! (id:48303)
Property Details
| MLS® Number | 40756947 |
| Property Type | Multi-family |
| AmenitiesNearBy | Golf Nearby, Hospital, Park, Place Of Worship, Public Transit, Schools |
| CommunityFeatures | School Bus |
| Features | Backs On Greenbelt, Paved Driveway, Sump Pump, Private Yard |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 4 |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1973 |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding, Brick |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1820 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| Carport |
Land
| Acreage | No |
| FenceType | Fence |
| LandAmenities | Golf Nearby, Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 200 Ft |
| SizeFrontage | 35 Ft |
| SizeIrregular | 0.161 |
| SizeTotal | 0.161 Ac|under 1/2 Acre |
| SizeTotalText | 0.161 Ac|under 1/2 Acre |
| ZoningDescription | R2 |
https://www.realtor.ca/real-estate/28719641/55-fittons-road-e-orillia
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26 Marsellus Drive
Barrie, Ontario L4N 8S6
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August 11 2025 11:04:06
Barrie & District Association of REALTORS® Inc.
One Percent Realty Ltd. Brokerage