73 Coldwater Street E Active

Orillia,ON L3V 1W6

$ 699900

4 Beds

2 Baths

1886 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,886 sqft

Price per Sqft $371

MLS Listing ID 40643017

Bedrooms 4

Abv Grd Liv Area 1,886

Originating Board The Lakelands

Year Built 1919

Annual Tax Amount $4,290

Property Description

Unmatched investment opportunity with this stylish legal duplex situated just 300 meters from Orillia's revitalized waterfront and vibrant downtown! Welcomed by a large covered front porch, this property features two spacious and updated units, each with 2 bedrooms and 1 full bathroom. The main floor unit offers exclusive access to a covered back deck and an unfinished basement for ample storage. Enjoy he ease of a low-maintenance yard and additional parking in the rear. Heated by an efficient natural gas boiler, with recent upgrades including a new boiler installed in 2022 and a freshly painted exterior, along with some interior painting.
The DS1 zoning provides remarkable versatility for commercial uses, enhancing its investment potential. With public transportation available right out the front door, getting around is a breeze. Enjoy nearby amenities, including restaurants, grocery, pharmacy, trails, and the beach just a short walk or drive away. The neighborhood is renowned for it's vibrant community vibe, hosting lively local events, festivals, and markets both downtown and at the waterfront. The ongoing waterfront revitalization and luxury residential development further enhance the area's appeal and future value. Don't miss out on this spectacular opportunity to invest in a prime location with limitless potential!

Location

Province ON

County Simcoe County

Area Orillia

Zoning DS1

Direction HWY 11 to Coldwater Rd Exit, Continue on Coldwater Rd to Coldwater St. E to property on the right. SOP

Rooms

Basement Walk-Up Access,Full,Unfinished

Kitchen 0

Interior

Interior Features Separate Hydro Meters

Heating Natural Gas

Cooling None

Fireplace No

Appliance Hot Water Tank Owned,Microwave,Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Exterior Feature Private Entrance,Separate Hydro Meters,Year Round Living

Garage Asphalt

Waterfront No

Waterfront Description Access to Water,Lake/Pond

Roof Type Metal

Porch Deck,Patio,Porch

Lot Frontage 39.7

Lot Depth 92.4

Parking Type Asphalt

Garage No

Building

Lot Description Rectangular,City Lot,Hospital,Park,Public Transit,Shopping Nearby

Faces HWY 11 to Coldwater Rd Exit, Continue on Coldwater Rd to Coldwater St. E to property on the right. SOP

Story 2

Foundation Stone

Sewer Sewer (Municipal)

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 586670034

Ownership Freehold/None

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