16 Albert Street N Orillia, Ontario L3V 5K1

$575,000

Turnkey Duplex Investment Opportunity Offering Two Fully Renovated Units With Extensive Upgrades & Strong Income Potential. This Property Features Six Total Bedrooms Across Two Spacious Three-Bedroom Units-Ideal For Investors, Multi-Generational Living, Or An Owner-Occupied Income Property. Main Floor Unit Was Fully Renovated In February 2026 & Features Wide-Plank Luxury Vinyl Flooring, Ceramic Tile, A Brand-New Kitchen With Updated Cabinetry & Counters, & A New Bathroom. Includes Stainless Steel Fridge & Stove Plus In-Suite Washer & Dryer. Upper Level Unit Was Fully Renovated In September 2025 With Wide-Plank Luxury Vinyl Flooring, A New Kitchen, & An Updated Bathroom. Includes Stainless Steel Fridge, White Stove, & A Dedicated Oversized Laundry Room With Washer & Dryer On The Same Level. Forced-Air Heating Throughout With Supplemental Electric Baseboard Heaters In Bedrooms & Bathroom.Major Capital Upgrades Include New Siding & Windows (Dec 2025), Updated Wall Insulation During Renovations, New Furnace & A/C (2023), Updated Electrical Wiring & Breakers, New Garage Door & High-Power Silent Opener, Plus A Fully Fenced Backyard & Powered Garage.Excellent Location Steps To Downtown Orillia Shops & Restaurants, Under 3 Minutes To Soldiers' Memorial Hospital, & Less Than 10 Minutes To Hwy 11 & Major Shopping.A Fully Upgraded Duplex In A Revitalizing Neighbourhood-An Exceptional Opportunity For Investors Seeking Long-Term Value & Income Potential. (id:60365)

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https://www.realtor.ca/real-estate/29841998/16-albert-street-n-orillia-orillia