342 Linwood Avenue Orillia, Ontario L3V 2X1
$624,900
Rare opportunity to own what is essentially two homes for the price of one! This unique vertical split duplex offers exceptional flexibility for investors, first-time buyers, multi-generational families, or anyone looking to offset mortgage expenses through rental income. Unlike a traditional upper/lower duplex, the layout could easily function as a spacious single-family home again, offering incredible flexibility for the future. Unit A features 3 bedrooms and 2 bathrooms, while Unit B offers 2 bedrooms, 2 bathrooms, a fully finished basement, and walkout access from the kitchen and living area to a covered deck overlooking the private backyard. The perfect house hacking opportunity, live in one unit while rental income from the other helps offset your mortgage, or maximize cash flow by renting both units. One unit is currently tenanted while the other is vacant, providing immediate flexibility for owner occupancy or market rent potential. Complete with a private backyard, covered deck, and separate storage shed for each unit, this well-maintained property is ideally located within walking distance to schools, shopping, parks, and public transit. A rare opportunity combining lifestyle, income potential, and long-term flexibility in one exceptional property. (id:60365)
Property Details
| MLS® Number | S13431266 |
| Property Type | Multi-family |
| Community Name | Orillia |
| AmenitiesNearBy | Beach, Hospital, Schools |
| ParkingSpaceTotal | 3 |
| Structure | Deck, Porch, Shed |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 5 |
| Appliances | Dryer, Storage Shed, Two Stoves, Two Washers, Two Refrigerators |
| BasementFeatures | Separate Entrance |
| BasementType | N/a |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FlooringType | Hardwood, Laminate |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| LandAmenities | Beach, Hospital, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 116 Ft ,4 In |
| SizeFrontage | 41 Ft |
| SizeIrregular | 41 X 116.4 Ft |
| SizeTotalText | 41 X 116.4 Ft|under 1/2 Acre |
| SurfaceWater | Lake/pond |
| ZoningDescription | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 4.13 m | 3.31 m | 4.13 m x 3.31 m |
| Second Level | Bedroom 2 | 3.03 m | 2.94 m | 3.03 m x 2.94 m |
| Basement | Bedroom 3 | 4.52 m | 3.65 m | 4.52 m x 3.65 m |
| Basement | Family Room | 5.03 m | 4.07 m | 5.03 m x 4.07 m |
| Main Level | Family Room | 4.73 m | 4.08 m | 4.73 m x 4.08 m |
| Main Level | Kitchen | 2.91 m | 2.56 m | 2.91 m x 2.56 m |
| Main Level | Bedroom | 3.99 m | 2.92 m | 3.99 m x 2.92 m |
| Main Level | Bedroom 2 | 3.27 m | 2.31 m | 3.27 m x 2.31 m |
| Main Level | Living Room | 7.39 m | 4.2 m | 7.39 m x 4.2 m |
| Main Level | Dining Room | 7.39 m | 4.2 m | 7.39 m x 4.2 m |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29888893/342-linwood-avenue-orillia-orillia
Lindsay Weldon
Salesperson
5100-333 Bay St
Toronto, Ontario M5H 2R2
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June 18 2026 05:47:40
Toronto Real Estate Board
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