$649,000

Investment For Sale In Orillia, Ontario

$649,000

Property Information:

Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Flooring Type: Vinyl, Laminate
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 3
  • Amenities Nearby: Public Transit, Hospital
  • Community Features: School Bus
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 88.6 Feet
  • Lot Frontage: 69.7 Feet
  • Lot Size: 69.7 x 88.6 FT
  • Zoning: M2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

  • Kitchen Main Level 3.30 m x 2.65 m
  • Living Main Level 3.11 m x 2.22 m
  • Bedroom Main Level 3.32 m x 2.18 m
  • Kitchen Main Level 5.94 m x 3.95 m
  • Den Main Level 2.67 m x 1.58 m
  • Bedroom Main Level 3.56 m x 3.11 m
  • Kitchen Upper Level 3.37 m x 2.89 m
  • Living Upper Level 5.00 m x 3.38 m
  • Bedroom Upper Level 4.14 m x 2.80 m
  • Bedroom Upper Level 2.83 m x 2.15 m

Courtesy of: FARIS TEAM REAL ESTATE BROKERAGE, Faris Team Real Estate Brokerage

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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  • Virtually Staged -
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