5 beds · 4 baths · 1999.983 - 2499.9795 sqft
An Amazing Investment opportunity in Central Orillia! Situated on a Spacious Lot allows for Plenty of Surface Parking. This Legal Triplex Located in Downtown, Close to all The Amenities, Shopping, Schools, Hospital, Parks and quick Access to Highway. It Features 2 Two Bedroom units and a One Bedroom unit Plus the Finished Basement which are independent with own Entries, Bathrooms and Kitchens on each Level with Shared Coined Laundry, Ensuring Privacy and Convenience for all Residents. Currently a 2 Bedroom unit and the 1 Bedroom Unit on 2nd Floor are Occupied by by Long-Term Tenants and the other 2 Bedroom unit on Main Floor and Basement are Vacant Offering a Blank Slate for the New Owner and Allows you to Set your own Rental Rates. The Property also offers the Flexibility for a First Time Buyer or an Owner-Occupant to Live in One Unit While Renting out the others to Offset your own Living Expenses. Don't Miss Out on this Exceptional Property and Book your Showing Today! **** EXTRAS **** New Roof in 2024. The 2 Bedroom Unit paying $1,000/mo and the 1 Bedroom Unit paying $1,250/mo. (id:39198)
Building Type Triplex
Year built
Square Footage 1999.983 - 2499.9795 sqft
Stories 2.5
Bedrooms 5
Bathrooms 4
Parking 6
NeighbourhoodOrillia
Land size 38 x 106 FT ; 104.13ft x 33.31ft x 104.82ft x 40.48ft
Heating type Radiant heat
Basement typeN/A (Finished)
Parking Type
Time on REALTOR.ca3 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: 2% REALTY IDEAL
Home price
$649,900
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.
$5,912 / month
Rent $5,228
Savings $684
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$5,210 / month
Rent $5,068
Savings $142
Initial deposit 5%
Savings target Fixed at 5%