Check out this outstanding investment opportunity featuring zoning and permitted use information available in the documents section. This legal duplex offers two well-appointed 2-bedroom units, each with its own hydro meter, with potential to create a smaller third unit subject to municipal approval. The property sits on a large in-town double lot, providing excellent long-term development and income potential for savvy investors or developers. Located directly across from an expanding rental complex, this property is positioned in a high-demand area that supports continued rental growth. The existing income stream allows you to carry the property while the City approval process for future changes or improvements is underway, making it an ideal buy-now-and-hold investment. Current monthly income $3,100.00, long term Tenants. Conveniently situated in Orillia, the property is within walking distance to the hospital, downtown core with its charming cafes, restaurants, banks, and shopping, as well as the recreation centre, all of which contribute to strong tenant appeal. As Orillia continues to experience steady growth, this is a great opportunity to become part of the city's expanding real estate market. The buyer is responsible for all municipal processes and associated costs related to zoning verification, change of use, and permit approvals. This is a versatile property with significant potential for income generation, development, or long-term investment holding.
4 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $455 per square foot. Chat with Zara if you'd like a deeper read on whether this duplex fits your budget and timing.
Inside 136 Barrie Rd
Every detail from the listing, in one place.
Type
Duplex
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
4 spaces
Basement
Partial Basement
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Partial Basement
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Duplex
136 Barrie Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S12856768$499,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 136 Barrie Rd Compares to the Orillia Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,456
/mo
based on the purchase price of $499,999
$100,000 cash
$399,999 financed
$336,904 total interest
Principal54%$399,999
Interest46%$336,904
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Orillia
Other 3-bed homes for sale in Orillia around $500K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings273Homes for sale here right now.
Median vs prior 90 days−3.2%Compared with May 5 – Aug 3, 2026: prices down.
Based on 226 sales from Aug 3 – Nov 1, 2026 (153 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 136 Barrie Rd
How much is 136 Barrie Rd listed for?
136 Barrie Rd is listed at $499,999 (MLS® S12856768). Summitly updates the price as soon as the MLS® record changes.
Is $499,999 a good price for 136 Barrie Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Orillia. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 136 Barrie Rd changed?
No — 136 Barrie Rd is still listed at its original asking price of $499,999.
How many bedrooms and bathrooms does 136 Barrie Rd have?
136 Barrie Rd has 4 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a duplex in Orillia.
How much would the monthly mortgage be on 136 Barrie Rd?
About $2,456 a month — principal and interest on $499,999 with 20% down ($100,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 136 Barrie Rd compare with other homes in Orillia?
Its asking price of $499,999 is about 12% below the median sold price in Orillia over the last 90 days, $566,389, across 226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 136 Barrie Rd been sold before?
Summitly has no earlier MLS® sale or lease of 136 Barrie Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 136 Barrie Rd?
136 Barrie Rd is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 136 Barrie Rd been on the market?
241 days — 136 Barrie Rd was listed on March 5, 2026.
What is the price per square foot of 136 Barrie Rd?
About $333 to $455 per square foot: the asking price of $499,999 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 136 Barrie Rd have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 136 Barrie Rd have a basement, and is it finished?
The listing describes the basement as: Partial Basement.
