ON > Orillia
Orillia, ON L3V 1S1,53 ELGIN ST
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Jennifer Van Geytenbeek

Jennifer Van Geytenbeek

+1(416) 567-1274
$ 719,900
Est. payment | /mo

3 Baths

2,005 SqFt

Save
$ 719,900
Est. payment | /mo
Save

3 Baths

2,005 SqFt

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

Listed by Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 567-1274

jennifer@paulnusca.com

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53 ELGIN ST