Solid brick 1/2 story home in prime Orillia North Ward, steps from the Lake Couchiching. Legal duplex with 3 separate units, each with its own kitchen and bathroom with a total of 6 bedrooms, 3 bathrooms, 3 kitchens, 2 laundries. 3 bedroom unit on the main floor with its own washer/dryer, 1 bedroom unit upstairs, and 2 bedroom unit in the basement with its own washer/dryer. Live on the main floor and rent the other 2 units, or buy it as a pure income property. All units recently renovated. Fully fenced and gated backyard with a 3 car detached garage 31 x 29 ft with separate 9 ft doors and ample of parking. Steps to schools, Couchiching Golf Course, and the lake. Easy access to Hwy 11. Great cash flow: Basement rented for $1,995, upstairs for $1,250, main floor was rented for $2,200 and is currently vacant. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Possibility to build 2 more units (2 garden suites) on top of the garage. Seller can assist with permits and construction. Recent updates: steel roof, furnace, air conditioner, some windows, hot water heater, electrical service. Pictures taken before tenants moved in, also digitally modified to remove personal items.
PT LT 2 E/S WEST ST PL 161 SOUTH ORILLIA AS IN RO55272; ORILLIA
Possession Date
Immed/TBA
Taxes (2025)
$2,706
Directions/Cross Streets
Hwy 11/West St
Neighbourhood
Orillia
Area
Simcoe
Price History
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Detailed Information
Fronting On
South
Special Designations
Unknown
Bedrooms
6
Bathrooms
3
Lot
50 x 154.48 ft
Exterior
Brick
Air Conditioning
Central Air
Basement
Apartment, Separate Entrance, Finished
Garage Type
Detached
Garage/Park Spaces
Y
Parking Spaces
8
Heat Source
Gas
Heat Type
Forced Air
Sewers
Sewer
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