90 Coldwater Road W Orillia, Ontario L3V 5L5
$699,900
Income! Income! Income! Legal Duplex - Vacant & Ready to Go! Attention investors and first-time buyers! Here's your chance to own a beautifully renovated legal duplex, completely gutted and rebuilt from the inside out. This impressive property spans two and a half stories and offers incredible flexibility-live in one unit while the other helps pay the mortgage, or lease out both for a strong investment return.Each unit features 3 spacious bedrooms, with the lower level easily convertible into an in-law suite for even more versatility. The home is fully equipped with three separate 100-amp electrical meters-one for each floor.Located in the heart of Orillia, this property sits across from beautiful Victoria Park, with public transportation right at your doorstep. Enjoy the best of city living with restaurants, grocery stores, pharmacy, hospital, library, beach, and waterfront all within walking distance. The area is known for its vibrant community, hosting festivals, local events, and markets throughout the year both downtown and along the waterfront.Relax on the second-floor deck or take comfort knowing the entire home has been rebuilt to meet the newest fire codes, including fire-rated plumbing.Upgrades include:Brand new furnace (2025)Nearly all new windows (2025) except for the charming stained-glass features Roof (approx. 2018)Don't miss this spectacular investment opportunity in a prime central location-a perfect blend of modern updates, income potential, and timeless character! (id:53086)
Property Details
| MLS® Number | S12487850 |
| Property Type | Multi-family |
| Community Name | Orillia |
| Amenities Near By | Beach, Hospital, Park, Public Transit, Schools |
| Equipment Type | Water Heater |
| Features | Sump Pump |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Structure | Deck, Porch |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished), N/a |
| Cooling Type | None |
| Exterior Finish | Brick, Steel |
| Fire Protection | Smoke Detectors |
| Flooring Type | Vinyl |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Beach, Hospital, Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 82 Ft |
| Size Frontage | 41 Ft |
| Size Irregular | 41 X 82 Ft |
| Size Total Text | 41 X 82 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 3.04 m | 2.74 m | 3.04 m x 2.74 m |
| Second Level | Living Room | 3.62 m | 3.26 m | 3.62 m x 3.26 m |
| Second Level | Kitchen | 2.8 m | 2.65 m | 2.8 m x 2.65 m |
| Second Level | Bedroom | 3.32 m | 3.1 m | 3.32 m x 3.1 m |
| Third Level | Bedroom | 4.26 m | 3.2 m | 4.26 m x 3.2 m |
| Lower Level | Living Room | 3.93 m | 3.71 m | 3.93 m x 3.71 m |
| Lower Level | Bedroom | 3.96 m | 2.22 m | 3.96 m x 2.22 m |
| Lower Level | Kitchen | 3.96 m | 1.52 m | 3.96 m x 1.52 m |
| Main Level | Living Room | 4.32 m | 3.93 m | 4.32 m x 3.93 m |
| Main Level | Kitchen | 3.53 m | 3.04 m | 3.53 m x 3.04 m |
| Main Level | Bedroom | 4.32 m | 3.93 m | 4.32 m x 3.93 m |
| Main Level | Bedroom | 3.99 m | 2.89 m | 3.99 m x 2.89 m |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29045904/90-coldwater-road-w-orillia-orillia
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October 30 2025 12:53:44
Toronto Regional Real Estate Board
Intercity Realty Inc.