Check out this great investment opportunity. Existing Legal duplex with 2 x 2 bedroom units, potential to create a smaller 3rd unit. Two existing apartments with separate hydro meters. Current building sits on a large in town double lot. Ideally located across the road from a large complex of rental units, with ongoing expansion. Great for Investors and Developers alike, to build and re-sell Or retain in your investment portfolio as ongoing Income property. Buy now with immediate Income and let the current Rental Income carry the costs, while City of Orillia processes for approvals takes place. Lots of potential for this property. Ideally located within close proximity and walking distance to the hospital, quaint downtown Orillia offering cafes, restaurants, banks and shopping, and within a few steps to the new Orillia Recreation Centre. Orillia is quickly growing, why not become part of the growth and build your Investment portfolio. Buyer is responsible for all City of Orillia processes and costs for the approval of change of use and permits.
Extras
Legal duplex with 2 x 2 bedroom units with separate hydro meters on a huge in town double lot. Lots of potential for this property which is in close proximity to the hospital, quaint downtown Orillia, and Orillia Recreation Centre.
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Fronting On
S
Property Features
Beach, Golf, Hospital, Lake/Pond, Library, Marina
Waterfront
None
Special Designations
Unknown
Bedrooms
4
Bathrooms
2
Rooms
8
Kitchens
2
Lot
110 x 117.95 ft
Lot Irregularities
60.94 ft 109.98 ft. 117.95 ft.x 100.28
Acreage
<.50
Approximate Square Footage
1500-2000
Approximate Age
100+
Exterior
Vinyl Siding
Elevator
N
Air Conditioning
None
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
Part Bsmt
Drive
Pvt Double
Garage Spaces
0.0
Garage Type
None
Parking Spaces
4
Total Parking Spaces
4.0
Retirement
N
Heat Source
Gas
Heat Type
Forced Air
Sewers
Sewers
Utilities-Hydro
Y
Utilities-Gas
Y
Utilities-Cable
A
Utilities-Telephone
A
Water
Municipal
Zoning
R2
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Bathroom
Main
1.1 m x 1.1 m(3.61 ft x 3.61 ft)
4 Pc Bath
Bathroom
2nd
1.1 m x 1.1 m(3.61 ft x 3.61 ft)
4 Pc Bath
Bathrooms
Pieces
Level
4
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