508 West St S

Orillia, Orillia, L3V 5H5
FOR SALE
$1,349,000
Suspended
$0
508 West St S, Orillia
508 West St S
508 West St S
508 West St S
508 West St S
508 West St S
508 West St S
508 West St S
508 West St S
508 West St S
5 + 4
BEDROOMS
4
BATHROOMS
1 + 1
KITCHENS
11 + 9
ROOMS
S6675440
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-07-18 2023-11-14 119 $1,349,000 - Suspended
2023-05-13 2023-06-16 34 $1,299,900 - Terminated
2021-03-18 2021-03-22 4 $549,900 $626,000 Sold
Property Description
INCOME + LOCATION + PEACE OF MIND: FULLY RENOVATED & FURNISHED LEGAL TRIPLEX WITH A BONUS GUEST SUITE! This versatile property, nestled in a thriving multicultural community, offers a unique opportunity for large families or investors. Fully furnished with 9 bedrooms, 4 bathrooms & 4 laundry facilities, it's perfect for multi-generational living or executive tenants. Investors will appreciate the high rental demand in this area, whether for students from Lakehead University or Georgian College, or flexible short-term professional tenants. The property's adaptability, unbeatable location & proximity to key amenities ensure attractive returns. You can choose between short-term rentals or international student housing without the headaches of long-term leases. The impressive 1/3 acre property boasts ample green space, steps to the lake, Kitchener Park & various recreational amenities. Quick closing options are available for maximizing rental income & positive cash flow.
Property Features
Cul De Sac, Lake/Pond, Library, Park, School
Property Details
Street
Community
Property Type
Triplex, Bungalow-Raised
Approximate Sq.Ft.
2500-3000
Lot Size
59' x 264'
Acreage
< .50
Fronting
East
Taxes
$6,725 (2023)
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
12
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain9.68' x 12.66'
DiningMain7.09' x 12.66'
LivingMain15.58' x 15.26'
Prim BdrmMain13.91' x 12.66'
BrMain9.68' x 11.09'
BrMain9.09' x 11.09'
KitchenLower12.66' x 7.58'
FamilyLower23.00' x 20.34'
BrLower10.33' x 10.99'
BrLower9.68' x 13.48'
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