Attention Investors and First-Time Home Buyers! Welcome to 50 Albert Street North in the heart of Orillia - a legal non-conforming triplex offering a fantastic opportunity for both investors and first-time buyers alike. Live in one unit and let the other two help pay your mortgage! This prime rental property is ideally located within walking distance to downtown Orillia, the hospital, shopping, restaurants, library, and more. Here are a list of property highlights. Unit 1: Freshly renovated and currently vacant 1-bedroom unit on the main floor with in-suite laundry. Estimated rental potential of $1,700/month (all inclusive). Shared entrance with Unit 2. Unit 2: Long-term, reliable tenant of 7 years in the upper-level 1-bedroom unit, currently paying $1,292.26/month (all inclusive). Unit 3: Separate entrance to this cozy 1-bedroom main floor unit, also home to a long-term tenant of 7 years, currently paying $753/month (all inclusive). Projected Annual Rental Income: Approx. $45,000. Parking: Double-wide driveway with space for up to 4 vehicles. Location: Steps to Orillia's charming downtown core and all major amenities. Whether you're looking to house-hack as a first-time buyer or expand your investment portfolio, this property is a must-see. Don't miss out on this incredible opportunity!
Single-familyProperty Type
4 spacesParking
Source:TREB #S12228496
Market trends in Orillia, ON
Last updated October 2026
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Provided by Redfin
Sale history for 50 Albert St N
Date
Event
Price
TREB #S12228496
Sep 16, 2025
Delisted
—
Jun 18, 2025
Listed
$529,000
+21
Attention Investors and First-Time Home Buyers! Welcome to 50 Albert Street North in the heart of Orillia - a legal non-conforming triplex offering a fantastic opportunity for both investors and first-time buyers alike. Live in one unit and let the other two help pay your mortgage! This prime rental property is ideally located within walking distance to downtown Orillia, the hospital, shopping, restaurants, library, and more. Here are a list of property highlights. Unit 1: Freshly renovated and currently vacant 1-bedroom unit on the main floor with in-suite laundry. Estimated rental potential of $1,700/month (all inclusive). Shared entrance with Unit 2. Unit 2: Long-term, reliable tenant of 7 years in the upper-level 1-bedroom unit, currently paying $1,292.26/month (all inclusive). Unit 3: Separate entrance to this cozy 1-bedroom main floor unit, also home to a long-term tenant of 7 years, currently paying $753/month (all inclusive). Projected Annual Rental Income: Approx. $45,000. Parking: Double-wide driveway with space for up to 4 vehicles. Location: Steps to Orillia's charming downtown core and all major amenities. Whether you're looking to house-hack as a first-time buyer or expand your investment portfolio, this property is a must-see. Don't miss out on this incredible opportunity!
As the MLS and public records start to fill up, we'll list the details here.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: Simcoe County
Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.3km
Lions Oval Public School
Public, JK-8 • Assigned
1.0km
Orillia Secondary School
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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