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$ 850,000
Est. payment /mo
New
371 EAST ST ORILLIA N/A Orillia, ON L3V 4C6
10 Beds
4 Baths
UPDATED:
01/31/2025 06:30 PM
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 10
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
Zoning R2
Rooms
Family Room No
Basement Apartment
Kitchen 4
Separate Den/Office 1
Interior
Interior Features Other
Cooling Window Unit(s)
Inclusions ALL EXISTING APPLIANCES, INCLUDING FRIDGE, STOVE, AND ANY OTHER CHATTELS ON THE PROPERTY. INCLUDES ALL LIGHT FIXTURES AND WINDOW COVERINGS
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
Foundation Brick
Listed by HOMELIFE/MIRACLE REALTY LTD