342 Linwood Avenue Orillia, Ontario L3V 2X1
$624,900
Rare opportunity to own what is essentially two homes for the price of one! This unique vertical split duplex offers exceptional flexibility for investors, first-time buyers, multi-generational families, or anyone looking to offset mortgage expenses through rental income. Unlike a traditional upper/lower duplex, the layout could easily function as a spacious single-family home again, offering incredible flexibility for the future. Unit A features 3 bedrooms and 2 bathrooms, while Unit B offers 2 bedrooms, 2 bathrooms, a fully finished basement, and walkout access from the kitchen and living area to a covered deck overlooking the private backyard. The perfect house hacking opportunity, live in one unit while rental income from the other helps offset your mortgage, or maximize cash flow by renting both units. One unit is currently tenanted while the other is vacant, providing immediate flexibility for owner occupancy or market rent potential. Complete with a private backyard, covered deck, and separate storage shed for each unit, this well-maintained property is ideally located within walking distance to schools, shopping, parks, and public transit. A rare opportunity combining lifestyle, income potential, and long-term flexibility in one exceptional property. (id:55499)
Property Details
| MLS® Number | S13431266 |
| Property Type | Multi-family |
| Community Name | Orillia |
| Amenities Near By | Beach, Hospital, Schools |
| Parking Space Total | 3 |
| Structure | Deck, Porch, Shed |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Appliances | Dryer, Storage Shed, Two Stoves, Two Washers, Two Refrigerators |
| Basement Features | Separate Entrance |
| Basement Type | N/a |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Hardwood, Laminate |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Beach, Hospital, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 116 Ft ,4 In |
| Size Frontage | 41 Ft |
| Size Irregular | 41 X 116.4 Ft |
| Size Total Text | 41 X 116.4 Ft|under 1/2 Acre |
| Surface Water | Lake/pond |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 4.13 m | 3.31 m | 4.13 m x 3.31 m |
| Second Level | Bedroom 2 | 3.03 m | 2.94 m | 3.03 m x 2.94 m |
| Basement | Bedroom 3 | 4.52 m | 3.65 m | 4.52 m x 3.65 m |
| Basement | Family Room | 5.03 m | 4.07 m | 5.03 m x 4.07 m |
| Main Level | Family Room | 4.73 m | 4.08 m | 4.73 m x 4.08 m |
| Main Level | Kitchen | 2.91 m | 2.56 m | 2.91 m x 2.56 m |
| Main Level | Bedroom | 3.99 m | 2.92 m | 3.99 m x 2.92 m |
| Main Level | Bedroom 2 | 3.27 m | 2.31 m | 3.27 m x 2.31 m |
| Main Level | Living Room | 7.39 m | 4.2 m | 7.39 m x 4.2 m |
| Main Level | Dining Room | 7.39 m | 4.2 m | 7.39 m x 4.2 m |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29888893/342-linwood-avenue-orillia-orillia
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June 18 2026 05:47:40
Toronto Regional Real Estate Board
Lpt Realty