4 beds · 3 baths · 1790 sqft
Exceptional side-by-side FULLY VACANT LEGAL DUPLEX, perfectly positioned just steps from the serene Victoria Park, vibrant Orillia waterfront and just a short public transit ride to Lakehead University. Set your own rent rates! Prefer a single family home? This legal duplex can easily be converted back to a 4 bedroom home or consider using the secondary unit as an Airbnb. This property features separate hydro meters, heating and air conditioning for each unit, making it an ideal investment opportunity or a great home for extended families! Unit A includes 2 parking spots, a main floor bedroom (bungalow), mud room with walk-in pantry, main floor bathroom & laundry, eat-in kitchen with sliding door to private patio/fenced in backyard, large living room, two additional bedrooms upstairs and a 2nd full bathroom upstairs (total 3 bed, 2 bath). Unit B is all on the ground level (bungalow) and includes 1 parking spot, an eat-in kitchen, living room, bathroom, bedroom, it's own laundry and a private backyard (total 1 bed, 1 bath). Both units share access to the large storage shed. The grounds have been professionally maintained for years. Some recent updates include AC (2020), Heat Pump (2021), New Flooring (2021), Front Door (2021), etc. Best of all is this central location! Close to great parks, schools, downtown Orillia shops & waterfront, Highway 11, so much more. Operated successfully for the last 13+ years. With well maintained landscaping, painted parking spot lines, and updated mechanicals, no detail has been overlooked making this a fantastic opportunity for investors, first-time home buyers or down sizers! (id:39198)
Building Type House, Detached
Year built
Square Footage 1790 sqft
Stories 2
Bedrooms 4
Bathrooms 3
Parking 3
NeighbourhoodWest Ward
Land size under 1/2 acre
Heating type Forced air
Basement typePartial (Unfinished)
Parking Type
Time on REALTOR.ca2 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: Royal LePage Wolle Realty
Home price
$625,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$5,685 / month
Rent $5,028
Savings $658
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$5,011 / month
Rent $4,874
Savings $137
Initial deposit 5%
Savings target Fixed at 5%