Looking for apartment buildings for sale? Whether you’re a seasoned investor or entering the real estate market for the first time, owning an apartment building is a powerful way to generate passive income, build equity, and diversify your portfolio. Explore a variety of multi-unit properties offering strong returns and growth potential.

Forgot password Extend Verify Contact

66 Nottawasaga Street
Orillia Orillia L3V 3J4

$859,900 /For Sale
Commercial

Main Photo: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 1: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 2: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 3: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 4: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 5: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 6: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 7: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 8: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 9: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 10: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 11: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 12: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 13: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 14: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 15: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 16: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 17: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 18: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 19: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 20: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Photo 21: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
Status:
Active
Prop. Type:
Commercial
MLS® Num:
S13797516
Bus Major:
Apts - 2 To 5 Units
7.3% cap. Most fourplexes that come up need something: units to renovate, rents to catch up, or a hydro bill you inherit. This one needs none of it. All four units are renovated, leased, and separately metered, so tenants carry their own power and your operating exposure stays where you can predict it. The quality of the finishes is why it leases the way it does. Units get picked up quickly and no more vacancy, which is the difference between a building that runs itself and one that runs you. The capital cycle is finished. Roof 2019. High-efficiency furnaces and attic insulation 2020. Roof and eave heating cables 2021. Concrete collar, upper-level siding and storage shed 2022. Paved parking and main-floor air conditioning 2023. Water heater owned, not rented. Solid brick construction, zoned Fourplex, with four parking spaces, shared basement laundry and private entrances for the main-floor units. The businesses of Downtown Orillia, waterfront boardwalk, scenic trails and Lakehead University are all a walk away, which is what keeps the tenant pool deep and the units full.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
1804 sq. ft. Square Feet
Total Area:
1,804 sq. ft.
Lot Depth:
130'
Lot Frontage:
35'
Lot Shape:
Rectangular
Bedrooms:
4
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
4
Zoning:
Fourplex
Heating type:
Gas Forced Air Closed
Heating Fuel:
Gas
Survey Available:
No
Garage:
Outside/Surface
Parking Spaces:
4
Possession Details:
30/60/90/ TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$4,686.99 / 2026
Assessment:
$- / -
Simcoe
Orillia
Orillia
Public Transit, Recreation/Community Centre
N/A
4 Refrigerators, 4 Stoves. Washer And Dryer. 2 Furnaces, Split A/C System, HWT, Sump Pump, Roof/Eavestrough Heating System, Hot Water Heater.
Tenant Belongings
UFFI:
No
Utilities:
Yes
Sewers:
Sanitary
Air Conditioning:
Partial
Seller Property Info Statement:
No
Gross income:
$81,000
Net Income Before Debt:
$62,466
Expenses Actual/Estimated:
Actual
Heating Expenses:
$1,870
Hydro Expenses:
$2,115
Insurance Expenses:
$2,689
Management Expenses:
$0
Operating Expenses:
$18,534
Other Expenses:
$2,000
Water Expenses:
$2,743
Year Expenses:
2025
Maintenace Expenses:
$2,430
Major Business Type:
Apts - 2 To 5 Units
Category:
Apartment
Date Listed:
Sep 17, 2026
Original Price:
Previous Price:
  • Photo 1: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 1 of 21
  • Photo 2: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 2 of 21
  • Photo 3: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 3 of 21
  • Photo 4: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 4 of 21
  • Photo 5: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 5 of 21
  • Photo 6: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 6 of 21
  • Photo 7: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 7 of 21
  • Photo 8: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 8 of 21
  • Photo 9: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 9 of 21
  • Photo 10: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 10 of 21
  • Photo 11: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 11 of 21
  • Photo 12: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 12 of 21
  • Photo 13: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 13 of 21
  • Photo 14: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 14 of 21
  • Photo 15: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 15 of 21
  • Photo 16: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 16 of 21
  • Photo 17: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 17 of 21
  • Photo 18: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 18 of 21
  • Photo 19: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 19 of 21
  • Photo 20: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 20 of 21
  • Photo 21: 66 Nottawasaga Street: Orillia Commercial for sale : MLS®# S13797516
    Photo 21 of 21
Listed by Real Broker Ontario Ltd.
Data was last updated September 17, 2026 at 07:15 PM (UTC)
DARYL  KING
powered by myRealPage.com

Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

Maximizing Exposure for Your Apartment Building

If you’re selling an apartment building, our platform offers exceptional exposure to a targeted audience of potential buyers. We utilize advanced marketing techniques to highlight the key features and benefits of your property, ensuring it stands out in the market. Our goal is to connect you with interested and qualified buyers efficiently, facilitating successful and profitable transactions.

Start Exploring Apartment Buildings for Sale Today

Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

Explore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.