Solid investment opportunity in a great, well-established Orillia neighborhood! This well-maintained, legal triplex offers immediate returns and value-add potential. The upper level features two spacious one-bedroom units both freshly painted, modern bathrooms, updated flooring and move-in ready! Both units are vacant, you can customize your rental strategy, or occupy personally. The main floor includes a third one-bedroom unit, occupied by an excellent long term tenant paying market rent. Also on the main level is a large storage space already roughed-in for conversion to a 4th rental unit, as well as a full utility room. 3 separate hydro meters and each unit has a private entrance with dedicated parking. Updated vinyl windows. Located close to transit, shopping, hospital, and parks, this is a high-demand area. Whether you're expanding your portfolio or securing your first investment property, this asset checks all the right boxes. |
Price | $949,900 |
Taxes: | $4762.00 |
Tax Type: | Annual |
Occupancy: | Partial |
Address: | 19 South Stre South , Orillia, L3V 3T1, Simcoe |
Postal Code: | L3V 3T1 |
Province/State: | Simcoe |
Legal Description: | LT 82 PL 395 SOUTH ORILLIA; PT LT 83 PL |
Directions/Cross Streets: | West St. |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Use: | Apts - 2 To 5 Units |
Building Percentage: | T |
Total Area: | 3243.00 |
Total Area Code: | Square Feet |
Area Influences: | Major Highway Public Transit |
Approximatly Age: | 51-99 |
Washrooms: | 3 |
Outside Storage: | T |
Heat Type: | Baseboard |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21 B.J. ROTH REALTY LTD. |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Simcoe |
Municipality: | Orillia |
Neighbourhood: | Orillia |
Approximate Age: | 51-99 |
Tax: | $4,762 |
Baths: | 3 |
Fireplace: | N |