371 East St

Orillia, Orillia, L3V 4C6
FOR SALE
$999,999
Terminated
$0
371 East St, Orillia
371 East St
371 East St
371 East St
371 East St
371 East St
371 East St
371 East St
371 East St
371 East St
9 + 1
BEDROOMS
4
BATHROOMS
4
KITCHENS
16
ROOMS
S6013245
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-04-06 2024-01-28 297 $999,999 - Terminated
2022-09-19 2022-12-15 87 $1,500,000 - Expired
2022-09-19 2022-10-07 18 $1,500,000 - Suspended
2022-01-14 2022-01-23 9 $699,900 $830,000 Sold
Property Description
This Property Is A Legal Fourplex That Generates A High Income Of Approximately $82800 Annually For The Owner. The Annual Expenses Are Roughly: Hydro 580/month Gas 360/month Water 320/month Insurance 500/month Tax 4800/year Maintenance 2000/year. Monthly rental income: Unit 1 $1,518 Unit 2 $1,600 Unit 3 $1,800 Unit 4 $1,900 The Location Of The Property Is Great And There Is A High Demand For Rentals In The Area. The Property Is Easy To Finance And Has A Walk Score Of 35 And A Bike Score Of 64. There Are A Total Of 10 Bedrooms In The Property And It Is Close To The Water And Downtown Area. Motivated Seller.
Extras
Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses.
Property Details
Street
Community
Property Type
Fourplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
44' x 115'
Fronting
East
Taxes
$6,659 (2023)
Basement
Apartment
Exterior
Alum Siding, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
5
Driveway
Private
Garage Type
None
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