Solid investment opportunity in a great, well-established Orillia neighborhood! This well-maintained, legal triplex offers immediate returns and value-add potential. The upper level features two spacious one-bedroom units both freshly painted, modern bathrooms, updated flooring and move-in ready! Both units are vacant, you can customize your rental strategy, or occupy personally. The main floor includes a third one-bedroom unit, occupied by an excellent long term tenant paying market rent. Also on the main level is a large storage space already roughed-in for conversion to a 4th rental unit, as well as a full utility room. 3 separate hydro meters and each unit has a private entrance with dedicated parking. Updated vinyl windows. Located close to transit, shopping, hospital, and parks, this is a high-demand area. Whether you're expanding your portfolio or securing your first investment property, this asset checks all the right boxes. (id:35544)
| MLS® Number | S12260108 |
| Property Type | Multi-family |
| Community Name | Orillia |
| AmenitiesNearBy | Golf Nearby, Park, Place Of Worship, Schools, Hospital, Public Transit |
| ParkingSpaceTotal | 7 |
| Structure | Shed, Outbuilding |
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Age | 51 To 99 Years |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater, Stove, Two Refrigerators |
| ExteriorFinish | Aluminum Siding |
| FoundationType | Concrete |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 3000 - 3500 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| FenceType | Partially Fenced |
| LandAmenities | Golf Nearby, Park, Place Of Worship, Schools, Hospital, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 107 Ft |
| SizeFrontage | 75 Ft |
| SizeIrregular | 75 X 107 Ft |
| SizeTotalText | 75 X 107 Ft |
| ZoningDescription | R1 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.51 m | 3.48 m | 3.51 m x 3.48 m |
| Second Level | Living Room | 4.65 m | 3.64 m | 4.65 m x 3.64 m |
| Second Level | Bedroom | 3.97 m | 3.48 m | 3.97 m x 3.48 m |
| Second Level | Kitchen | 3.51 m | 3.64 m | 3.51 m x 3.64 m |
| Second Level | Living Room | 3.99 m | 3.66 m | 3.99 m x 3.66 m |
| Second Level | Bedroom | 3.99 m | 3.48 m | 3.99 m x 3.48 m |
| Main Level | Utility Room | 4.83 m | 3.7 m | 4.83 m x 3.7 m |
| Main Level | Utility Room | 4.79 m | 3.7 m | 4.79 m x 3.7 m |
| Main Level | Kitchen | 2 m | 4.33 m | 2 m x 4.33 m |
| Main Level | Living Room | 5.29 m | 4.63 m | 5.29 m x 4.63 m |
| Main Level | Bedroom | 4.32 m | 2.96 m | 4.32 m x 2.96 m |
| Main Level | Utility Room | 9.72 m | 4.5 m | 9.72 m x 4.5 m |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
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