240 Clayborne Place, Orillia
An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. (id:1945)
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Property details for 240 Clayborne Place, Orillia
- Type
- Multi-family
- Bedrooms
- 6
- Bathrooms
- 4
- Lot Size
- 30.6 x 107.7 FT ; Irregular
- Stories
- 2
- Basement
- Crawl space
- Parking
- No Garage
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Exterior
- Brick, Vinyl siding
- Annual Taxes
- $5,516
Nearby Listings Stat
Estimated price and comparable properties near 240 Clayborne Place
Active Listings
3
Min Price
$624,900
Max Price
$989,000
Avg Price
$812,967
Days on Market
42
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Orillia, Ontario
Population
435
Median Age
44.2
Median Income
$29,440
Dwelling Value
$200,595
Housing Tenure
Owners 74%
Renters 26%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.5
Pop. Density: 2,219.4/km²
Avg Shelter Cost: $1,082/mo
Owners with Mortgage: 71.4%
Owners Spending 30%+: 17.2%
Tenants Spending 30%+: 40%
English only: 97.7%
English and French: 2.3%
Median Household Income: $58,432
Median Employment Income: $28,224
Price History
Listed
October 16, 2026
by CENTURY 21 B.J. ROTH REALTY LTD.
Current Price
$989,000
Type
Multi-family
For Sale
