$1,125,000 FOR SALE

Investment

Lot: 60 x 146.54 ftTotal Area: 3,175 ft2
2024 Taxes: $8,319.22

31 Frederick St
Orillia, ON L3V 5W5 | Simcoe

Introducing a remarkable commercial building in the heart of Orillia, suited for a variety of different uses such as offices, pharmacies, restaurants, retail stores, & other business professions. This exceptional building is highlighted by two beautifully renovated apartments above, adding a touch of elegance to the property. Each apartment features 1 bedroom & 1 bath, a full kitchen with all appliances, providing comfortable & stylish living spaces for tenants. The office space is a standout feature, offering over 1500 sq. ft. This property lends itself to a variety of different uses associated with the healthcare industry. The large windows at the front of the building offer plenty of natural light & make the space feel open and inviting. Overall, this commercial building caters to entrepreneurs seeking a dual commercial & residential investment. Don't miss out on the chance of owning this remarkable building. Both apartments are vacant to allow for your selection of tenants.

Extras
Main level is 1584.91 square feet. Full reception area, waiting room, staff area, two bathrooms, & 7 private, offices/exam rooms. The two apartments are both around 800 square feet. Roof - 2023 Furnace and AC - 2018

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Listed By REVEL REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S8110600
Last Updated May 01, 2024
Property Summary
Property Type Investment

More like this:
Use Medical/Dental
Category Office
PIN 586480110
Legal Description PT LT 2 W/S FREDERICK ST, 20 N/S COLBORNE ST PL 414 ORILLIA AS IN RO1241978; ORILLIA
Occupancy Owner
Possession Date FLEXIBLE
Taxes (2024) $8,319.22
Tax Type Annual
Assessment (2024) $348,000
Directions/Cross Streets Frederick/Colborne St W
Neighbourhood Orillia
Area Simcoe
Price History
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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
Lot 60 x 146.54 ft
Total Area 3,175 ft2
Approximate Age 100+
Air Conditioning Part
Basement Y
Chattels Y
Garage Type None
Heat Type Gas Forced Air Closd
Financial Statement N
Hydro Expense $5,926
Water Expense $1,000
Heat Expenses $1,620
Taxes Expense $8,319
Year Expenses $2,023
Expenses Actual/Estimated Act
Area Influences Major Highway, Public Transit
Sprinklers N
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Building
Zoning hc2
Seller Property Info Statement N

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