315 Mississaga St W

LEGAL Duplex in a fantastic location on bus route, two blocks to Kitchener Park, public boat launch, close to Tudhope park, Rec Centre, and downtown Orillia. This raised bungalow 2+2 bdrm duplex was professionally renovated in 2021 and features vinyl flooring throughout, new roof, new windows and doors (lower 2021, upper 2022), new furnace, new sump pump, newer appliances (upper dishwasher new 2024), new back deck plus in suite laundry for both upper and lower suites and parking for 4 vehicles. The Upper unit will be vacant for October 1st. Lower unit will be vacant as of November 1st or sooner. This is an amazing opportunity for an investor OR anyone looking to live in one of the spacious 2 bdrm units, while subsidizing the mortgage with a chosen tenant in the other! The City of Orillia was recently ranked as the fifth best place in Canada to invest in real estate, come discover for yourself, opportunity awaits.

Check out this great investment opportunity. Existing Legal duplex with 2 x 2 bedroom units, potential to create a smaller 3rd unit. Two existing apartments with separate hydro meters. Current building sits on a large in town double lot. Ideally located across the road from a large complex of rental units, with ongoing expansion. Great for Investors and Developers alike, to build and re-sell Or retain in your investment portfolio as ongoing Income property. Buy now with immediate Income and let the current Rental Income carry the costs, while City of Orillia processes for approvals takes place. Lots of potential for this property. Ideally located within close proximity and walking distance to the hospital, quaint downtown Orillia offering cafes, restaurants, banks and shopping, and within a few steps to the new Orillia Recreation Centre. Orillia is quickly growing, why not become part of the growth and build your Investment portfolio. Buyer is responsible for all City of Orillia processes and costs for the approval of change of use and permits.

Calling First time Home Buyers & Investors!! Great Opportunity to Own this Modern Fully Renovated in 2024 Legal Duplex in Downtown Orillia. The lucky Owner can rent both units and benefit from the rental Income or rent one and live in the other one to help pay the Mortgage. Two side by side beautifully renovated modern Units. Unit 1 consists of 2 Bedrooms and 1 modern Bathroom on the 2nd Floor. On the First Floor an Open Concept New Kitchen with Quartz Counter top and a generous Living /Dining Space. The 2nd Unit in the back has 2 Bedrooms & 1 Bathroom on the 2nd Floor. On the first floor you will find an Open concept kitchen with a Butcher Block Counter top, Living/Dining Space, One Powder Room and a convenient Den that o/looks the Backyard. Easy maintenance and Energy Efficient. Both Units offer Extra upgrades such as: Pot lights throughout, Modern Vinyl Flooring, 7(1/4) Baseboards, Shoe Mouldings, BB Door Trims. New Electrical, New Plumbing, New Insulation. Each Legal Unit has its own Hot Water Tankless Boiler Combination System (Brand New/ Owned) & Separate Hydro / Gas / Meters for your convenience. Great Location, just steps away from Shops, Dining, Parks & Hospital.

Exceptional side-by-side FULLY VACANT LEGAL DUPLEX, perfectly positioned just steps from the serene Victoria Park, vibrant Orillia waterfront and just a short public transit ride to Lakehead University. Set your own rent rates! Prefer a single family home? This legal duplex can easily be converted back to a 4 bedroom home or consider using the secondary unit as an Airbnb. This property features separate hydro meters, heating and air conditioning for each unit, making it an ideal investment opportunity or a great home for extended families! Unit A includes 2 parking spots, a main floor bedroom (bungalow), mud room with walk-in pantry, main floor bathroom & laundry, eat-in kitchen with sliding door to private patio/fenced in backyard, large living room, two additional bedrooms upstairs and a 2nd full bathroom upstairs (total 3 bed, 2 bath). Unit B is all on the ground level (bungalow) and includes 1 parking spot, an eat-in kitchen, living room, bathroom, bedroom, it's own laundry and a private backyard (total 1 bed, 1 bath). Both units share access to the large storage shed. The grounds have been professionally maintained for years. Some recent updates include AC (2020), Heat Pump (2021), New Flooring (2021), Front Door (2021), etc. Best of all is this central location! Close to great parks, schools, downtown Orillia shops & waterfront, Highway 11, so much more. Operated successfully for the last 13+ years. With well maintained landscaping, painted parking spot lines, and updated mechanicals, no detail has been overlooked making this a fantastic opportunity for investors, first-time home buyers or down sizers!