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• Orillia/

• 265 Barrie Rd, Orillia, ON L3V 2R4

$1,250,000 ^{FOR SALE}

Investment

Lot: 87 x 247 ftTotal Area: 3,700 ft²
2024 Taxes: $10,073.33Maintenance Fees: $1,200

265 Barrie Rd
Orillia, ON L3V 2R4 | Simcoe

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Introducing your next lucrative investment opportunity! This charming 5-unit multiplex in the heart of Orillia offers an incredible chance for seasoned investors and newcomers looking to expand their portfolio. All units feature spacious two-bedroom, one-bathroom units and in-unit laundry. There is significant potential for increased rental rates compared to the current market. Sitting on a half-acre lot, there is potential to expand the existing building and/or add more suites.

Extras

All appliances in as-is condition

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Listed By	CRESCENT REAL ESTATE INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	S8450578
Last Updated	Jun 17, 2024

Property Summary

Property Type	Investment More like this: Orillia Investment for Sale
Use	Apartments - 2 to 5 Units
Category	Apartment
Legal Description	Pt Lt 10 Con 4 South Orillia As In Ro1006602; Oril
Occupancy	Tenant
Possession Date	FLEX
Taxes (2024)	$10,073.33
Tax Type	Annual
Maintenance Fees	$1,200
Directions/Cross Streets	Barrie Rd & Westmount
Neighbourhood	Orillia
Area	Simcoe

Price History

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

Freestanding	Y
Bathrooms	5
Lot	87 x 247 ft
Total Area	3,700 ft2
Air Conditioning	N
Basement	Y
Chattels	N
Garage Type	None
Parking Spaces	10
Heat Type	Gas Forced Air Open
Financial Statement	Y
Gross Income/Sales	$63,118
Water Expense	$1,600
Heat Expenses	$5,000
Insurance Expense	$4,700
Taxes Expense	$10,073
Expenses Actual/Estimated	Act
Area Influences	Major Highway, Public Transit
Utilities	Y
Water	Well
Lot/Bldg/Unit Code	Lot
Zoning	RES
Seller Property Info Statement	N

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