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$899,900
Available - For Sale
Listing ID: S12437073
Solid investment opportunity in a sought-after Orillia neighborhood! This well-maintained, legal triplex provides immediate income and strong future potential with approval for a fourth unit and construction already started. The upper level features two bright and spacious one-bedroom units, with laundry capability, both freshly painted with updated flooring and modern bathrooms completely move-in ready and offering flexibility to establish your rental strategy or occupy personally. The main floor includes a third one-bedroom unit, currently rented to a reliable long-term tenant at market rent, along with a large storage space that is already roughed-in and offers potential for conversion to a fourth unit (plans are attached). A full utility room enhances functionality. The property also includes a useful outbuilding, providing extra storage or potential future use. With three separate hydro meters, private entrances, dedicated parking for each unit, updated vinyl windows, and a prime location close to shopping, transit, hospital, and parks, this property is a versatile addition to any portfolio. Whether you're a seasoned investor or entering the market for the first time, this triplex is a strong and adaptable income-producing asset in a high-demand rental area.
Price $899,900
Taxes: $4,762
Tax Type: Annual
Occupancy by: Tenant
Address: 19 South Stre , Orillia, L3V 3T1, Simcoe
Postal Code: L3V 3T1
Province/State: Simcoe
Legal Description: LT 82 PL 395 SOUTH ORILLIA; PT LT 83 PL
Directions/Cross Streets: West St.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 3,243
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Approximatly Age: 51-99
Financial Statement: T
Chattels: T
Maintenance: 0
Expenses Actual/Estimated: $Act
Outside Storage: T
Heat Type: Baseboard
Central Air Conditioning: No
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 B.J. ROTH REALTY LTD.

19 South Stre , Orillia, L3V 3T1, Simcoe


 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: x 107.00(Feet)
Approximate Age: 51-99
Tax: $4,762
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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