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BEDROOMS2
BATHROOMS2
KITCHENS8
ROOMSS8443916
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-06-14 | 2024-12-31 | 200 | $799,000 | - | Expired |
2023-08-01 | 2024-03-07 | 219 | $799,000 | - | Terminated |
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Property Description
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.
Extras
Legal duplex with 2 x 2 bedroom units with separate hydro meters on a huge in town double lot. Lots of potential for this property which is in close proximity to the hospital, quaint downtown Orillia, and Orillia Recreation Centre.
Property Features
Beach, Golf, Hospital, Lake/Pond, Library, Marina
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Approximate Sq.Ft.
1500-2000
Lot Size
110' x 118'
Acreage
< .50
Lot Irregularities
60.94 ft 109.98 ft. 117.95 ft.x 100.28
Fronting
South
Taxes
$3,557 (2023)
Basement
Part Bsmt
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Pvt Double
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Bathroom | Main | 3.61' x 3.61' | 4 Pc Bath |
Bathroom | 2nd | 3.61' x 3.61' | 4 Pc Bath |
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