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Orillia,ON L3V 1S1
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 2,005 sqft
Price per Sqft $359
MLS Listing ID S10439217
Annual Tax Amount $4,849
Tax Year 2024
Property Description
Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas - electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord's storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants.
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Region Orillia
City Region Orillia
Rooms
Basement Walk-Up,Partially Finished
Kitchen 0
Interior
Interior Features Sump Pump
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch,Year Round Living
Parking Features Other,Other
Garage Spaces 3.0
Pool None
Community Features Public Transit
Utilities Available Unknown
Roof Type Asphalt Shingle
Total Parking Spaces 3
Building
Foundation Concrete Block,Poured Concrete
New Construction false
Others
Security Features Carbon Monoxide Detectors,Security System