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BEDROOMS2
BATHROOMS2
KITCHENS11
ROOMSS12002255
MLSIDContact Us
Property Description
Unmatched investment opportunity with this stylish legal duplex situated just 300 meters from Orillia's revitalized waterfront and vibrant downtown! Welcomed by a large covered front porch, this property features two spacious and updated units, each with 2 bedrooms and 1 full bathroom. The main floor unit offers exclusive access to a covered back deck and an unfinished basement for ample storage. Enjoy he ease of a low-maintenance yard and additional parking in the rear. Heated by an efficient natural gas boiler, with recent upgrades including a new boiler installed in 2022 and a freshly painted exterior, along with some interior painting. The DS1 zoning provides remarkable versatility for commercial uses, enhancing its investment potential. With public transportation available right out the front door, getting around is a breeze. Enjoy nearby amenities, including restaurants, grocery, pharmacy, trails, and the beach just a short walk or drive away. The neighborhood is renowned for it's vibrant community vibe, hosting lively local events, festivals, and markets both downtown and at the waterfront. The ongoing waterfront revitalization and luxury residential development further enhance the area's appeal and future value. Don't miss out on this spectacular opportunity to invest in a prime location with limitless potential!
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Property Features
Hospital
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
40' x 92'
Fronting
South
Taxes
$4,080 (2024)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Other
Garage Type
None
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Orillia Market Statistics
Orillia Price Trend
73 COLDWATER St E is a 4-bedroom 2-bathroom home listed for sale at $659,000, which is $188,500 (22.2%) lower than the average sold price of $847,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Orillia increased by $226,000 (36.4%) compared to the previous 30 day period (December 22 - January 20) and up $122,500 (16.9%) from the same time one year ago.Inventory Change
There were 6 4-bedroom homes listed in Orillia over the last 30 days (January 21 - February 19), which is down 33.3% compared with the previous 30 day period (December 22 - January 20) and down 33.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Orillia typically sold ($8,863) (1.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $19,387 increase compared to the previous 30 day period (December 22 - January 20) and ($24,900) 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 (January 21 - February 19) stood at 50.0%, up from 22.2% over the previous 30 days (December 22 - January 20) and down from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Orillia stood at 72 days when successfully sold over the last 30 days (January 21 - February 19), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Professionals North
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