This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy.
PT LT 2 W/S FREDERICK ST, 20 N/S COLBORNE ST PL 414 ORILLIA AS IN RO1241978; ORILLIA
Parcel of Tied Land
N
Possession Date
FLEXIBLE
Taxes (2024)
$8,319.22
Assessment (2024)
$348,000
Directions/Cross Streets
Frederick/Colborne St W
Neighbourhood
Orillia
Area
Simcoe
Price History
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Detailed Information
Fronting On
W
Property Features
Beach, Hospital, Lake/Pond, Public Transit, School
Waterfront
None
Special Designations
Unknown
Bedrooms
2
Bathrooms
4
Rooms
15
Kitchens
2
Lot
60 x 146.54 ft
Approximate Square Footage
3000-3500
Approximate Age
100+
Exterior
Vinyl Siding
Elevator
N
Air Conditioning
Central Air
Family Room
N
Fireplace/Stove
N
Pool
None
Basement
Part Fin
Drive
Private
Garage Spaces
0.0
Garage Type
None
Parking Spaces
10
Total Parking Spaces
10.0
Heat Source
Gas
Heat Type
Forced Air
Sewers
Sewers
Water
Municipal
Zoning
hc2
Seller Property Info Statement
N
Rooms
Room
Level
Dimensions
Notes
Living
2nd
3.76 m x 3.97 m(12.34 ft x 13.02 ft)
Dining
2nd
3.44 m x 3.37 m(11.29 ft x 11.06 ft)
Kitchen
2nd
2.5 m x 3.34 m(8.2 ft x 10.96 ft)
Bathroom
2nd
4 Pc Bath
Br
2nd
3.74 m x 2.94 m(12.27 ft x 9.65 ft)
Living
2nd
2.83 m x 3.71 m(9.28 ft x 12.17 ft)
Den
2nd
3.95 m x 2.79 m(12.96 ft x 9.15 ft)
Dining
2nd
1.98 m x 2.53 m(6.5 ft x 8.3 ft)
Br
2nd
3.77 m x 2.97 m(12.37 ft x 9.74 ft)
Kitchen
2nd
2.44 m x 3.34 m(8.01 ft x 10.96 ft)
Office
Main
3.51 m x 2.2 m(11.52 ft x 7.22 ft)
Other
Main
2.01 m x 1.61 m(6.59 ft x 5.28 ft)
Bathrooms
Pieces
Level
4
2nd
2
Bsmt
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