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Property Description
For Sale: Prime Investment Triplex. Why Invest in Orillia? Orillia is not just a picturesque city; it's a hub of activity and development. With its mix of urban convenience and natural beauty, it attracts a diverse range of tenants. The ongoing growth in the area presents an excellent opportunity for property appreciation and rental demand. Don't miss out on this chance to secure a valuable triplex in a thriving location! Invest in your future with this incredible property!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-02-23 | 2024-06-01 | 99 | $649,000 | - | Expired |
| 2022-01-19 | 2022-01-26 | 7 | $899,900 | $905,000 | Sold |
Extras
Apt 1 is renting for 1382.72 and will increase to 1417.28 in Feb 25'. Apt 2 is renting for 1600. Apt 3 is renting for 900.81 and will increase to 923.33 in Feb 25'.
Property Features
Arts Centre, Beach, Golf, Hospital, Library, Marina
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
39' x 130'
Acreage
< .50
Fronting
West
Taxes
$6,151 (2024)
Basement
Sep Entrance, Unfinished
Exterior
Alum Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 12.86' x 17.88' | Window, Closet |
| Kitchen | Main | 11.15' x 10.01' | Window, Tile Floor |
| Br | Main | 9.78' x 10.79' | Window, Closet |
| 2nd Br | Main | 13.71' x 10.63' | Window, Closet |
| Living | 2nd | 11.09' x 12.27' | Window, Open Concept, Closet |
| Kitchen | 2nd | 11.88' x 12.27' | |
| Bathroom | 2nd | 6.63' x 5.45' | 4 Pc Ensuite |
| Br | 2nd | 9.97' x 13.39' | Window, Closet |
| Br | 2nd | 6.56' x 13.39' | Window, Closet |
| Bathroom | 2nd | 6.79' x 5.54' | 4 Pc Ensuite |
| Kitchen | 2nd | 11.15' x 7.51' | |
| Living | 2nd | 18.47' x 13.39' | Window, Closet, Open Concept |
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Orillia Market Statistics
Orillia Price Trend
293 Matchedash St N is a 4-bedroom 3-bathroom home listed for sale at $649,000, which is $313,000 (93.2%) higher than the average sold price of $336,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 4 bedroom home in Orillia declined by $59,000 (14.9%) compared to the previous 30 day period (November 19 - December 18) and down $319,000 (48.7%) from the same time one year ago.Inventory Change
There were 9 4-bedroom homes listed in Orillia over the last 30 days (December 19 - January 17), which is down 43.8% compared with the previous 30 day period (November 19 - December 18) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Orillia typically sold ($8,900) (2.6%) below asking price over the last 30 days (December 19 - January 17), which represents a $2,350 increase compared to the previous 30 day period (November 19 - December 18) and ($19,900) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Orillia over the last 30 days (December 19 - January 17) stood at 155.6%, up from 87.5% over the previous 30 days (November 19 - December 18) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Orillia stood at 45 days when successfully sold over the last 30 days (December 19 - January 17), compared to 120 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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