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Last Updated : 17 Days ago
23 Elgin Street, Orillia, ON, Orillia
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23 Elgin Street, Orillia MLS Number: S12092562

Orillia, Simcoe, ON, L3V 1R8

$799,900

Status: For Sale

  • 5+ Beds
  • 3 Baths
  • Area : 1500-2000 sqft
  • Property Type: Residential Freehold (Multiplex)
  • Property Taxes : $3900.0 (Tax Year:2024)
  • Listing Courtesy : Re/max Hallmark Chay Realty

23 Elgin Street Property Description

TRIPLE THE OPPORTUNITY: VACANT TRIPLEX READY FOR YOUR INVESTMENT VISION! Seize this rare chance to shape your investment future in Orillia's redevelopment area! 23 Elgin Street presents an investment opportunity with ALL THREE UNITS INTENTIONALLY VACANT giving you the ultimate flexibility to implement your strategy immediately. This legal triplex offers incredible versatility with three distinct units: Ground Floor Unit 1: Cozy 1 bed/1 bath Ground Floor Unit 2: Spacious 1 bed +den/1 bath (can include furniture for instant furnished rental income!)Upper Level: Premium 2 bed/1 bath featuring private stackable washer/dryer and walkout balcony. Why this property outshines other investment opportunities: IMMEDIATE INCOME POTENTIAL: Place tenants tomorrow or move in yourself while collecting rent from other units. Recent updates in the last few years: roof and furnace (2020) minimize your maintenance concerns. PRIME LOCATION: Minutes from downtown Orillia's waterfront, boardwalk, Mariposa Market, and all essential amenities. CONVENIENCE: City services and garbage removal included* PRACTICAL FEATURES: Shared laundry for ground floor units and ample parking. The vacant status creates extraordinary value choose your own tenants, set your own rental rates, or renovate to maximize returns without disrupting existing tenancies. Live in one unit while generating passive income from the others, or capitalize on Orillia's growing rental demand by filling all three. This prime investment opportunity sits in area undergoing significant transition and development down by the water and neighbouring area. The seller will consider all reasonable offers! Take this opportunity to secure your financial future in Orillia's thriving real estate market!

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23 Elgin Street Property Facts

Property Type :Residential Freehold
MLS Number :S12092562
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :19 Apr, 2025 (17 Days ago)
Source :Toronto Regional Real Estate Board
Area :Simcoe
Postal Code : L3V 1R8
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23 Elgin Street Property Price & Tax Insights

Price : $799,900
Property Taxes :$3900.0
Tax Year :2024

23 Elgin Street, Orillia Property Details

Bedrooms :5 +
No. of Rooms :18
Air Conditioning :Wall Unit(s)
Heating :Forced Air
Place of Worship :Yes
Cross Street :Peter St S/Elgin St
Bathrooms :3
Fuel :Gas
Approx Square Footage :1500-2000 sqft
Fireplace/Stove :No

Exterior Information

Exterior Finish :Aluminum Siding
Parking Space :5
Basement :Partial Basement
Laundry Level :Main Level

23 Elgin Street, Orillia - Price History

2025-04

19 Apr, 2025

TREB #S12092562

Listed

$799,900

Rishi Raj Tiwari
Sales Representative / Broker
64X-49X-XXXX
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23 Elgin Street - Location Map and Landmarks

  • Soldiers Memorial, Simcoe 0.76 km
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FAQs: 23 Elgin Street, Orillia

  • Q:What is the Area Size of the 23 Elgin Street In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 1500-2000 sq. ft and is strategically located in Simcoe. The MLS No of this project is S12092562 and the Project is located in ON, Canada
  • Q: Does this Project 23 Elgin Street available for Sale ?

    A: The project 23 Elgin Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 23 Elgin Street is Offering?

    A:Square Yards is giving a Cashback of $4,000 if you buy this property from us, however there are several key features offered by the 23 Elgin Street. You get 5+ Beds with 3 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 23 Elgin Street?

    A: 23 Elgin Street in Simcoe offers a total of 5 parking spaces for residents.
  • Q:How many Beds & Baths available in 23 Elgin Street, Simcoe?

    A: 23 Elgin Street, Simcoe comes with 5+ Beds for maximum convenience and space. There are 3 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Simcoe, On?

    A:Simcoe, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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