$579,000 FOR SALE

Detached

Bedrooms: 3Bathrooms: 2Lot: 50 x 68.5 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? Heres your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillias fastest-growing areas. Top 5 Reasons Youll 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 bathideal 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 Orillias 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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Listed By ROYAL LEPAGE QUEST
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number S9354308
Last Updated Sep 17, 2024
Property Summary
Property Type Detached

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Community Orillia
Price History
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Detailed Information
Bedrooms 3
Bathrooms 2
Lot 50 x 68.5 ft
Amenities Nearby Beach, Marina, Park, Public Transit
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
Zoning Description R2i
Building
Appliances Water Heater
Construction Style (Attachment) Detached
Cooling Type Window air conditioner
Exterior Finish Vinyl siding
Foundation Type Poured Concrete, Slab
# of Half Bathrooms 1
Heating Fuel Electric
Heating Type Baseboard heaters
Stories Total 2
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Primary BedroomSecond level3.78 m x 3.94 m
BedroomSecond level3.96 m x 2.9 m
BathroomSecond level2.18 m x 1.83 m
BedroomSecond level4.47 m x 2.79 m
BathroomMain level1.75 m x 1.68 m
KitchenMain level3.05 m x 2.44 m
Living roomMain level4.75 m x 2.54 m
Land
Total Size 50 x 68.5 FT | under 1/2 acre
Amenities Beach, Marina, Park, Public Transit
Sewer Sanitary sewer
Size of Irregular Land 50 x 68.5 FT

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