371 EAST ST ORILLIA N/A new

Orillia,ON L3V 4C6

$ 850000

9 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Orillia

MLS Listing ID S11949527

Style 2-Storey

Bedrooms 9

Annual Tax Amount $6,659

Tax Year 2024

Property Description

PROPERTY OVERVIEW: "LEGAL FOURPLEX IN ORILLIA WITH 9 + 1 BEDROOMS, 4 WASHROOMS, 5 PARKING SPACES, GENERATING A TOTAL MONTHLY RENTAL INCOME OF $7,450.THE PROPERTY ON A LOT MEASURING 44 FEET BY 115 FEET, TOTALING APPROXIMATELY 5,060 SQUARE FEET. THE PROPERTY FEATURES NEWLY PAVED DRIVEWAY AND PARKING LOT, STEEL ROOF. UNIT BREAKDOWN: UNIT 1: 3 BEDROOMS, 1 BATHROOM, KITCHEN - RENTED AT $1,600/MONTH (1 PARKING SPOT) UNIT 2: 1 BEDROOM, 1 BATHROOM, KITCHEN - RENTED AT $1,350/MONTH (1 PARKING SPOT) UNIT 3: 4 BEDROOMS, 1 BATHROOM, KITCHEN - RENTED AT $2,500/MONTH (2 PARKING SPOTS) UNIT 4: 2 BEDROOMS, 1 BATHROOM, KITCHEN - RENTED AT $2,000/MONTH (1 PARKING SPOT) PRIME LOCATION: CONVENIENTLY LOCATED CLOSE TO DOWNTOWN ORILLIA, AND KEY EDUCATIONAL AND RECREATIONAL HUBS: GEORGIAN COLLEGE, LAKEHEAD UNIVERSITY, ORILLIA PROVINCIAL POLICE ACADEMY, MARINA, AND CASINO RAMA ,WALKING DISTANCE OF LOCAL AMENITIES AND MANY MORE.

Location

State ON

County Simcoe

Community Orillia

Area Simcoe

Rooms

Family Room No

Basement Apartment

Kitchen 4

Separate Den/Office 1

Interior

Interior Features Other

Cooling Window Unit(s)

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 5.0

Pool None

Roof Type Shingles

Lot Frontage 44.0

Lot Depth 115.0

Total Parking Spaces 5

Building

Unit Features Hospital,Park,Public Transit,Rec./Commun.Centre,School

Foundation Brick

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