240 Clayborne Place, Orillia, ON L3V 1M5
Orillia · Near Atherley Rd To East St To Clay · View map
About this home
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. Income and Expenses available
The home
- Type
- Fourplex
- Style
- 2-Storey
- Square footage
- 2500-3000 sq ft
- Bedrooms
- 6
- Bathrooms
- 4
- Kitchens
- 4
- Rooms
- 13
- Basement
- Crawl Space
- Lot size
- 30.6 x 107.7 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Vinyl Siding
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Fireplace
- No
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $5,516/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Cross street
- Atherley Rd To East St To Clay
- Neighbourhood
- Orillia
More
- Price per sq ft
- ~$360 (at 2,750 sq ft)
- MLS® number
- S14088928
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The home and its surroundings
- Separate Hydro Meter
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
240 Clayborne Place, Orillia, ON L3V 1M5
Orillia · Near Atherley Rd To East St To Clay
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Listing history for 240 Clayborne Place
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 240 Clayborne Place
Answers come straight from this home’s MLS® listing.
How much is 240 Clayborne Place listed for, and what would it cost each month?
240 Clayborne Place is listed for $989,000. With 20% down ($197,800), the mortgage payment would be roughly $3,989 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,449 a month, all in. That figure is an illustration, not a quote.
Is 240 Clayborne Place freehold or a condo, and is there a monthly fee?
240 Clayborne Place is a fourplex in Orillia. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 240 Clayborne Place have?
240 Clayborne Place has 6 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 240 Clayborne Place have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 240 Clayborne Place have a finished basement?
The listing describes the basement as crawl space.
What style of home is 240 Clayborne Place?
240 Clayborne Place is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 240 Clayborne Place, and what is the lot size?
The listing puts the home between 2,500 and 3,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 30.6 x 107.7 ft.
How is 240 Clayborne Place heated and cooled?
Heating is baseboard (electric). The listing does not show air conditioning.
What are the property taxes for 240 Clayborne Place?
Property taxes are $5,516 a year (2025), or about $460 a month.
Where is 240 Clayborne Place?
240 Clayborne Place is in Orillia. The nearest main intersection is Atherley Rd To East St To Clay. The postal code is L3V 1M5.
Is 240 Clayborne Place still for sale?
Yes. It is an active listing (MLS® S14088928). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 240 Clayborne Place asking?
Similar properties for sale nearby right now include 84 Mississaga Street W at $825,000 (6 bed), 109 Albert Street S at $799,900 (6 bed) and 199 Nottawasaga Street at $950,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 240 Clayborne Place sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 240 Clayborne Place?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Orillia, picked by style, size and price.
Fourplex$825,00084 Mississaga Street W, Orillia6 bed · 4 bath · OrilliaCourtesy of: Century 21 B.J. Roth Realty Ltd.View home →
Triplex$799,900109 Albert Street S, Orillia6 bed · 3 bath · OrilliaCourtesy of: PAINTED DOOR REALTYView home →
Triplex$950,000199 Nottawasaga Street, Orillia5 bed · 3 bath · OrilliaCourtesy of: CASMIR REALTYView home →Courtesy of: CENTURY 21 B.J. ROTH REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.