Unmatched investment opportunity with this stylish legal duplex situated just 300 meters from Orillia's revitalized waterfront and vibrant downtown! Welcomed by a large covered front porch, this property features two spacious and updated units, each with 2 bedrooms and 1 full bathroom. The main floor unit offers exclusive access to a covered back deck and an unfinished basement for ample storage. Enjoy the ease of a low-maintenance yard and additional parking in the rear. Heated by an efficient natural gas boiler, with recent upgrades including a new boiler installed in 2022 and a freshly painted exterior, along with some interior painting. The DS1 zoning provides remarkable versatility for commercial uses, enhancing its investment potential. With public transportation available right out the front door, getting around is a breeze. Enjoy nearby amenities, including restaurants grocery, pharmacy, trails and the beach just a short walk or drive away. The neighbourhood is renowned for its vibrant community vibe, hosting lively local events, festivals and markets both downtown and at the waterfront. The ongoing waterfront revitalization and luxury residential development further enhance the area's appeal and future value. Don't miss out on this spectacular opportunity to invest in a prime location with limitless potential! (id:47423)
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Detailed Information
Bedrooms
4
Bathrooms
2
Lot
40 x 92 ft
Amenities Nearby
Hospital, Park, Public Transit
Features
Paved driveway
Listing Contract Date
2024-06-07
Location Description
HWY 11 to Coldwater Rd Exit, Continue on Coldwater Rd to Coldwater St. E to property on the right. SOP
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Multi-family
Structures
Porch
Transaction Type
For sale
Zoning Description
DS1
Building
Appliances
Microwave
Basement Development
Unfinished
Basement Type
Full (Unfinished)
Constructed Date
1919
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Stone
Heating Fuel
Natural gas
Stories Total
2
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
None
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Hospital, Park, Public Transit
Sewer
Municipal sewage system
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