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Orillia,ON L3V 1S1
Key Details
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,005 sqft
Price per Sqft $364
MLS Listing ID 40651043
Bedrooms 4
Abv Grd Liv Area 2,005
Originating Board The Lakelands
Year Built 1915
Annual Tax Amount $4,849
Property Description
Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas - electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord's storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants.
Location
Province ON
County Simcoe County
Area Orillia
Zoning R3
Direction Elgin Street, between Peter & Matchedash Streets
Rooms
Other Rooms Shed(s)
Basement Walk-Up Access,Partial,Partially Finished,Sump Pump
Kitchen 0
Interior
Heating Baseboard,Electric,Forced Air,Natural Gas
Cooling None
Fireplace No
Appliance Refrigerator,Stove
Laundry Coin Operated,Common Area
Exterior
Exterior Feature Year Round Living
Garage Gravel
Waterfront No
Roof Type Asphalt Shing
Porch Porch
Lot Frontage 42.0
Lot Depth 99.5
Parking Type Gravel
Garage No
Building
Lot Description Rectangular,Ample Parking,City Lot,Public Parking,Public Transit,Shopping Nearby
Faces Elgin Street, between Peter & Matchedash Streets
Story 2.5
Foundation Concrete Block,Poured Concrete
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2.5
Structure Type Vinyl Siding
New Construction No
Others
Senior Community false
Tax ID 586680098
Ownership Freehold/None