$579,000 FOR SALE

Detached 2 Level

Bedrooms: 5Bathrooms: 3Lot: 50 x 68 ft

671 Driftwood Road
Orillia, ON L3V 1E1

Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Here’s your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillia’s fastest-growing areas. Top 5 Reasons You’ll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bath—ideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillia’s real estate market and secure your future cash flow and growth. Contact today to get a copy of the financial breakdown or book a showing. (id:47423)

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Listed By Royal LePage Quest Brokerage, Orillia
Data Provided By OnePoint - The Lakelands
MLS® Listing Number 40641885
Last Updated Sep 17, 2024
Property Summary
Property Type Detached

More like this:
Subdivision South Ward
Price History
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Detailed Information
Bedrooms 5
Bathrooms 3
Lot 50 x 68 ft
Amenities Nearby Beach, Marina, Park, Public Transit, Shopping
Communication Type Fiber
Features Crushed stone driveway
Listing Contract Date 2024-09-17
Location Description HWY 12 West to Orchard Point to DriftWood
Ownership Type Freehold
# of Parking Spaces 5
Property Type Single Family
Transaction Type For sale
Views Lake view
Zoning Description R2i
Building
Appliances Dryer, Refrigerator, Stove, Washer, Hood Fan
Architectural Style 2 Level
Basement Type None
Constructed Date 1940
Construction Style (Attachment) Detached
Cooling Type Window air conditioner
Exterior Finish Vinyl siding
Fire Protection Smoke Detectors
Foundation Type Poured Concrete
# of Half Bathrooms 1
Heating Type Baseboard heaters, Forced air
Stories Total 2
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
4pc BathroomSecond level1'0'' x 1'0''
BedroomSecond level1'0'' x 1'0''
BedroomSecond level1'0'' x 1'0''
Primary BedroomSecond level1'0'' x 1'0''
2pc BathroomMain level1'0'' x 1'0''
4pc BathroomMain level1'0'' x 1'0''
BedroomMain level1'0'' x 1'0''
BedroomMain level1'0'' x 1'0''
Utilities
Type Description
CableAvailable
Natural GasAvailable
TelephoneAvailable
Land
Total Size under 1/2 acre
Access Type Road access, Highway access
Amenities Beach, Marina, Park, Public Transit, Shopping
Sewer Municipal sewage system

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