An Amazing Investment opportunity in Central Orillia Location! Situated on a Spacious Lot allows for Plenty of Surface Parking. This Well-maintained Legal Triplex Located in Downtown, Close to all The Amenities, Shopping, Schools, Hospital, Parks and quick Access to Highway. It Features 2 Two Bedroom units and a One Bedroom unit Plus the Finished Basement which are independent with own Entries, Bathrooms and Kitchens on each Level with Shared Coined Laundry, Ensuring Privacy and Convenience for all Residents. Currently a 2 Bedroom Unit paying $1,000/mo and the 1 Bedroom Unit paying $1,250/mo on 2nd floor are Occupied by Long-Term Tenants and the other 2 Bedroom unit on Main Floor and Basement are Vacant Offering a Blank Slate for New Owners and Allows you to Set your own Rental Rates. The Property also offers the Flexibility for a First Time Buyer or an Owner-Occupant to Live in One Unit While Renting out the others to Offset your own Living Expenses. New Roof in 2024. Don't Miss Out on this Exceptional Property that Combines Convenience, Income Potential and a Fantastic Location. Book your Showing Today! (id:47423)
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Detailed Information
Bedrooms
6
Bathrooms
4
Lot
38 x 106 ft
Amenities Nearby
Hospital, Park, Public Transit, Schools
Community Features
Community Centre
Equipment
Water Heater
Features
Laundry- Coin operated
Listing Contract Date
2024-07-05
Location Description
West St. and Neywash St.
Ownership Type
Freehold
# of Parking Spaces
6
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Shed
Transaction Type
For sale
Zoning Description
Residential
Building
Basement Development
Finished
Basement Type
Full (Finished)
Cooling Type
None
Exterior Finish
Vinyl siding
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Radiant heat
Stories Total
2.5
Type
Triplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Amenities
Hospital, Park, Public Transit, Schools
Sewer
Municipal sewage system
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