$1,200,000^{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

Buy with as little as 5% down! 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

Listed By	CRESCENT REAL ESTATE INC.
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	S9362773
Last Updated	Oct 03, 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	$4,800
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

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

265 Barrie Rd, Orillia, ON L3V 2R4

Investment

265 Barrie Rd Orillia, ON L3V 2R4 | Simcoe

265 Barrie Rd
Orillia, ON L3V 2R4 | Simcoe