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174 BARRIE ROAD, Orillia — listed at $478,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
The Price is Right!!! This legal 2-unit home (duplex) sits on an exceptionally deep lot (46.42ft x 196.66ft x 40.29ft x 173.19ft) just off Memorial Drive and offers rare 4-car parking, making it an outstanding opportunity for both investors and owner-occupiers. NOTE: The lot size makes it idea to consider Additional Dwelling Unit(s) (ADU). The property features two spacious one-bedroom units, each with excellent layout and appeal. The main floor offers a large, open-concept one-bedroom suite enhanced by a new heat pump installed in November 2025, providing efficient year-round comfort. The upper unit is bright, inviting, and equally well-designed, making it highly desirable for tenants. The home has been thoughtfully updated over the years, including a new roof in 2020, gutter replacement and extensive brick repairs completed in 2017, and the addition of separate hydro metering so tenants pay their own hydro. These improvements, combined with the property's legal duplex status, create a strong, low-maintenance investment with excellent income potential. Whether you're looking to expand your portfolio or live in one unit while renting the other to help qualify for a larger mortgage, this property delivers exceptional value in a prime location. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 3.1 x 2.4 meters |
| Living room | Main level | 3.1 x 3.6 meters |
| Bedroom | Main level | 3.1 x 3.1 meters |
| Kitchen | Upper Level | 3.1 x 3.1 meters |
| Living room | Upper Level | 3.7 x 3.1 meters |
| Bedroom | Upper Level | 2.7 x 3.4 meters |
Does it have a basement, and is it finished?+
Yes — Unfinished, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What's the parking situation?+
This property includes 4 spaces — Garage.
How is the home heated? Is it efficient?+
Heating is heat pump, baseboard heaters, electric. Electric heating can mean higher winter bills — ask for past utility statements.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,069, heating is heat pump, baseboard heaters, electric. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
Yes — wall unit cooling is in place.
Is this a good starter home?+
At $478,900, this is priced in starter-home territory for Orillia. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
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