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 book a showing and take the next step toward securing your financial future! (id:47423)
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Detailed Information
Bedrooms
5
Bathrooms
3
Lot
50 x 68 ft
Amenities Nearby
Marina, Park, Public Transit, Shopping
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
Multi-family
Transaction Type
For sale
Zoning Description
R2i
Building
Basement Type
None
Constructed Date
1940
Cooling Type
None
Exterior Finish
Vinyl siding
Foundation Type
Poured Concrete
Heating Type
Baseboard heaters, Forced air
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Land
Total Size
under 1/2 acre
Access Type
Road access, Highway access
Amenities
Marina, Park, Public Transit, Shopping
Sewer
Municipal sewage system
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