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Orillia,ON L3V 4N6
Key Details
Property Type Multi-Family
Sub Type Duplex Up/Down
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,622 sqft
Price per Sqft $302
MLS Listing ID 40659805
Bedrooms 3
Abv Grd Liv Area 1,622
Originating Board Barrie
Year Built 1930
Annual Tax Amount $3,444
Property Description
Struggling To Find An Investment Property That Not Only Generates Solid Rental Income But Also Offers A Way To Secure A Stable Financial Future? Balancing The Costs Of Homeownership With Potential Returns Can Feel Like An Overwhelming Challenge In Today’s Market.
This Is Where The Orillia North Ward Duplex Shines! With A *$3,200/Month Rental Potential* This Brick Duplex Is A Rare Opportunity For Investors And Homebuyers Alike. Enjoying Both Cash Flow And Personal Comfort!
Are You Searching For A Property That Offers Income Potential And A Way To Ease Your Mortgage Burden? This Orillia North Ward Duplex Is The Perfect Answer! Live In The Main Unit, Rent Out The Second, And Enjoy A *$566.92 Monthly Surplus* After Expenses. With Low Overhead, It’s An Unbeatable Opportunity For Your Financial Future.
The Duplex Features A *2-Bedroom Upstairs Unit* And A *1-Bedroom Main Floor Unit With A Walkout Deck And Backyard. Based On A Selling Price Of **$500,000, With A Down Payment Of **$100,000, And A Mortgage At The Current Rate Of **4.74%, Your Monthly Mortgage Payment Could Be **$2,073.08. After Expenses Like Gas, Water, Electricity, And Taxes, You’ll Have A **$566.92 Monthly Surplus*—A Fantastic Cushion For Any Property-Related Costs Or Savings!
Don’t Miss Out On This Smart Investment! Whether You’re A Savvy Investor Or A Homeowner Looking To Balance Your Mortgage With Rental Income, This Is Your Chance To Capitalize On Orillia’s Thriving Market. Act Now Before This Opportunity Slips Away!
Location
Province ON
County Simcoe County
Area Orillia
Zoning R4
Direction LACLIE AND BORLAND
Rooms
Basement Crawl Space,Unfinished
Kitchen 0
Interior
Interior Features Other
Heating Forced Air,Natural Gas
Cooling None
Fireplace No
Laundry Other
Exterior
Garage Gravel
Waterfront No
Waterfront Description South and West,Lake/Pond
Roof Type Metal
Lot Frontage 30.0
Lot Depth 88.0
Parking Type Gravel
Garage No
Building
Lot Description Rectangular,City Lot,Near Golf Course,Library,Marina,Park,Place of Worship,Public Transit,Rec./Community Centre,Schools,Shopping Nearby
Faces LACLIE AND BORLAND
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
Schools
Elementary Schools Lions Oval Ps
High Schools Orillia Ss
Others
Senior Community No
Tax ID 586640011
Ownership Freehold/None