Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.
5 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $475 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 199 Nottawasaga St
Every detail from the listing, in one place.
Type
Triplex
Style
2 1/2 Storey
Living space
2000-2500 sq ftas stated on the listing
Lot size
57.00 x 212.00 Feet
Parking
5 spaces
Basement
Other
Features & systems
Parking & garage
Parking spaces
5
Interior
Basement
Other
Lot & land
Lot dimensions
57.00 x 212.00 Feet
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Triplex
199 Nottawasaga St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13739074$950,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 199 Nottawasaga St 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
$4,667
/mo
based on the purchase price of $950,000
$190,000 cash
$760,000 financed
$640,119 total interest
Principal54%$760,000
Interest46%$640,119
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.
Keep looking near 199 Nottawasaga St
Homes for sale in Orillia
Every active Orillia MLS® listing, updated all day.
Average days on market44Homes sold in about 44 days on average.
Sale-to-list ratio96.1%On average, homes sold below asking.
Active listings257Homes for sale here right now.
Median vs prior 90 days−2.6%Compared with May 16 – Aug 14, 2026: prices down.
Based on 216 sales from Aug 14 – Nov 12, 2026 (165 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 199 Nottawasaga St
How much is 199 Nottawasaga St listed for?
199 Nottawasaga St is listed at $950,000 (MLS® S13739074). Summitly updates the price as soon as the MLS® record changes.
Is $950,000 a good price for 199 Nottawasaga St?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 199 Nottawasaga St changed?
No — 199 Nottawasaga St is still listed at its original asking price of $950,000.
How many bedrooms and bathrooms does 199 Nottawasaga St have?
199 Nottawasaga St has 5 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a triplex in Orillia.
How much would the monthly mortgage be on 199 Nottawasaga St?
About $4,667 a month — principal and interest on $950,000 with 20% down ($190,000), 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 199 Nottawasaga St compare with other homes in Orillia?
Its asking price of $950,000 is about 67% above the median sold price in Orillia over the last 90 days, $569,500, across 216 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 199 Nottawasaga St been sold before?
Summitly has no earlier MLS® sale or lease of 199 Nottawasaga St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 199 Nottawasaga St?
199 Nottawasaga St is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 199 Nottawasaga St been on the market?
71 days — 199 Nottawasaga St was listed on September 2, 2026.
What is the price per square foot of 199 Nottawasaga St?
About $380 to $475 per square foot: the asking price of $950,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 199 Nottawasaga St have parking or a garage?
Yes — the listing gives 5 parking spaces.
Does 199 Nottawasaga St have a basement, and is it finished?