$1,250,000
FOR SALE

Fourplex Bungalow-Raised

Bedrooms: 8Bathrooms: 4Lot: 74.8 x 197.35 ft
2025 Taxes: $7,785

416 Gill St
Orillia, ON L3V 4K6 | Simcoe

The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey.
Extras
Separate Heating Controls, Generator - Partial
Share
Listed By RE/MAX JAZZ INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S13078240
Last Updated May 04, 2026
Property Summary
Property Type Fourplex

More like this:
PIN 586760086
Legal Description PT LT 8 E/S GILL ST PL 432 ORILLIA PT 1, 51R11751; ORILLIA
Possession Date Immediate
Taxes (2025) $7,785
Directions/Cross Streets Highway 12 and Gill
Neighbourhood Orillia
Area Simcoe
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 8
Bathrooms 4
Lot 74.8 x 197.35 ft
Exterior Brick
Air Conditioning None
Basement Apartment
Garage Type None
Parking Spaces 8
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)