416 Gill St is an 8-bedroom, 4-bathroom fourplex in Orillia, listed for $1,150,000. It has 3500-5000 sq ft of living space.
1Property provides 8 parking spaces for your tenants.
2The updated apartments are in fantastic condition, three with newer kitchens.
3Very 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).
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.
8 bedrooms, 4 bathrooms, about 3,500 sq ft, works out to roughly $329 per square foot. Chat with Zara if you'd like a deeper read on whether this fourplex fits your budget and timing.
Inside 416 Gill St
Every detail from the listing, in one place.
Type
Fourplex
Style
Bungalow-Raised
Living space
3500-5000 sq ftas stated on the listing
Parking
8 spaces
Basement
Apartment
Features & systems
Parking & garage
Parking spaces
8
Interior
Basement
Apartment
Lot & land
Lot size (sqft)
14761.78
Listing & possession
Property style
Bungalow-Raised
Property class
Fourplex
416 Gill St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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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
$5,650
/mo
based on the purchase price of $1,150,000
$230,000 cash
$920,000 financed
$774,881 total interest
Principal54%$920,000
Interest46%$774,881
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.
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Keep looking near 416 Gill St
Homes for sale in Orillia
Every active Orillia MLS® listing, updated all day.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio96.3%On average, homes sold below asking.
Active listings286Homes for sale here right now.
Median vs prior 90 days−4.1%Compared with Apr 20 – Jul 19, 2026: prices down.
Based on 226 sales from Jul 19 – Oct 17, 2026 (140 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 416 Gill St
How much is 416 Gill St listed for?
416 Gill St is listed at $1,150,000 (MLS® S13078240). Summitly updates the price as soon as the MLS® record changes.
Is $1,150,000 a good price for 416 Gill St?
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 416 Gill St changed?
Yes — it was first listed at $1,250,000 and is now $1,150,000, a drop of $100,000 (8.0%).
How many bedrooms and bathrooms does 416 Gill St have?
416 Gill St has 8 bedrooms and 4 bathrooms, with about 3,500–5,000 square feet of living space. It is a fourplex in Orillia.
How much would the monthly mortgage be on 416 Gill St?
About $5,650 a month — principal and interest on $1,150,000 with 20% down ($230,000), 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 416 Gill St compare with other homes in Orillia?
Its asking price of $1,150,000 is about 102% above the median sold price in Orillia over the last 90 days, $568,500, 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 416 Gill St been sold before?
Summitly has no earlier MLS® sale or lease of 416 Gill St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 416 Gill St?
416 Gill St is in Orillia, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 416 Gill St been on the market?
166 days — 416 Gill St was listed on May 4, 2026.
What is the price per square foot of 416 Gill St?
About $230 to $329 per square foot: the asking price of $1,150,000 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 416 Gill St have parking or a garage?
Yes — the listing gives 8 parking spaces.
Does 416 Gill St have a basement, and is it finished?
