21 King's Court

Nestled in the charming community of Orillia, at 21 King's Court, this remarkable Multi-Family Home for sale in Orillia presents an exceptional opportunity for savvy investors or families looking for a bit of extra income. With its prime location on a quiet street in the North Ward, this legal triplex is designed to accommodate a variety of living arrangements, making it a versatile choice for those seeking to live in one unit while renting out the others.

As you approach the property at 21 King's Court, Orillia, you'll immediately notice the appealing brick front and aluminium siding that give the building a classic yet modern look. This two-storey multiplex boasts a total of ten rooms, including six spacious bedrooms, one den, and three bathrooms, making it perfect for larger families or groups. The property features two kitchens, allowing for easy meal preparation for both residents and tenants. The main floor apartment, which spans an impressive 1,200 square feet, is currently occupied by the owner, who will vacate upon closing, providing a seamless transition for the new owner.

The upper level features a large three-bedroom apartment, while the bright basement houses a generous one-bedroom unit. The tenants in both the upper and lower apartments are on leases until December 31, 2025, ensuring a steady stream of rental income for the new owner. This Multi-Family Home for sale in Orillia is not just a place to live; it's a smart investment opportunity that allows you to live comfortably while your tenants help pay the bills.

Parking is never an issue here, as the property can accommodate up to nine vehicles, making it ideal for families with multiple cars or for hosting guests. However, it's worth noting that there is no garage space or driveway, which might be a consideration for some buyers. The lot measures a generous 50 by 132 feet, providing ample outdoor space for relaxation or potential future developments.

Inside, the home is equipped with wall unit air conditioning, ensuring a comfortable atmosphere during those warm summer months. While there is no central vacuum system, the finished basement adds significant value to the property, providing additional living space or storage. The property is also fitted with a gas fireplace in the basement apartment, perfect for those chilly evenings when you want to cosy up with a good book.

The heating system is baseboard, which is efficient and reliable, while the municipal water and sewer services ensure that all your basic needs are met. The home is unfurnished, allowing new owners to bring their own personal touch to the space. Although there is no pool or family room, the proximity to local trails and shopping makes it easy to enjoy the outdoors and the vibrant community of Orillia.

For those who enjoy a bit of adventure, the property is conveniently located within walking distance to downtown Orillia and the picturesque Couchiching Beach. This makes it an excellent choice for those who appreciate a lively atmosphere and the opportunity to explore the natural beauty of the area.

In summary, this Multi-Family Home for sale in Orillia at 21 King's Court, Orillia, is a fantastic investment opportunity that combines spacious living with the potential for rental income. With its prime location, ample parking, and well-maintained units, this property is not to be missed. Whether you're looking to live in one unit and rent out the others or simply seeking a solid investment, this triplex is sure to meet your needs. Don't miss your chance to own this incredible property in the heart of Orillia!

Orillia, nestled in the heart of Ontario, Canada, is a charming city renowned for its picturesque landscapes and vibrant waterfront along Lake Couchiching and the Severn River. This inviting locale boasts a rich tapestry of natural beauty, with lush parks, scenic trails, and recreational opportunities that cater to outdoor enthusiasts year-round. The city's historical architecture, coupled with a lively arts scene and a variety of local shops and eateries, creates a warm and welcoming atmosphere. With its strong sense of community spirit and a range of amenities, Orillia offers a delightful blend of small-town charm and modern conveniences, making it an appealing place to call home.

Schools in the Neighbourhood

This property is ideally situated near several educational institutions, making it an excellent choice for families. The closest school is Couchiching Heights Public School, just 0.8 km away, offering elementary education from JK to grade 8 with a commendable rating of 4.4. Monsignor Lee Catholic School, also 0.8 km from the property, provides a Catholic education for grades JK to 8, although it currently has no rating. Orillia Secondary School, located 1.5 km away, caters to grades 9 to 12 and boasts a solid rating of 6.8. For those seeking French-language education, Harriett Todd Public School (2.8 km) and Regent Park Public School (3.1 km) offer elementary programs with ratings of 5 and 4.1, respectively. Additionally, Twin Lakes Secondary School, 3.2 km away, offers a French-language secondary program for grade 9 with a rating of 4. Lastly, Patrick Fogarty Catholic Secondary School is just 1.1 km from the property, providing secondary education in English. With a variety of educational options nearby, this location is perfect for families prioritizing quality schooling for their children.