17 Champlain Street
Orillia, L3V 2G6
FOR SALE
$877,000

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Investment
CATEGORY50 x 154.48
LOT SIZES12821878
MLSIDContact Us
Property Description
Residential property with three self-contained units. Solid brick 1/2 story home in prime Orillia North Ward, steps from the Lake Couchiching. Legal duplex with 3 separate units, each with its own kitchen and bathroom with a total of 6 bedrooms, 3 bathrooms, 3 kitchens, 2 laundries. 3 bedroom unit on the main floor with its own washer/dryer, 1 bedroom unit upstairs, and 2 bedroom unit in the basement with its own washer/dryer. Live on the main floor and rent the other 2 units, or buy it as a pure income property. All units recently renovated. Fully fenced and gated backyard with a 3 car detached garage 31 x 29 ft with separate 9 ft doors and ample of parking. Steps to schools, Couchiching Golf Course, and the lake. Easy access to Hwy 11. Great cash flow: Basement rented for $1,995, upstairs for $1,250, main floor was rented for $2,200 and currently vacant. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Possibility to build 2 more units (2 garden suites) on top of the garage. Seller can assist with permits and construction. Recent updates: steel roof, furnace, air conditioner, some windows, hot water heater, electrical service. Pictures taken before tenants moved in and digitally modified to remove personal items.
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Property Details
Address
17 Champlain Street
Community
City
Postal Code
L3V 2G6
Property Type
Investment, Investment
Use
Apartment
Zoning
R2
Lot Size
50' x 154'
Taxes
$2,706 (2025
Heat Type
Gas Forced Air Closed
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Double Detached
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Listing contracted with Remax Your Community Realty
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