246 MISSISSAGA Street W, Orillia, Ontario, L3V3B5
Bathrooms5 Bedrooms11
Property TypeMulti-family Building Area2991

Fully updated, turn-key 4-plex in Orillia. Amazing investment opportunity! One 3 bed unit & three 2 bed units to maximize rental income. All units are completely separate (no common space for the landlord to manage/pay for). Current rents are Unit #1 $2,500/mo.+, Unit #2 Vacant, Unit #3 $2,400/mo.+, Unit #4 Vacant. Vacant units allow you to continue to set current market rents! Each apartment is bright and has been renovated and has its own separate entrance. Large parking lot provides parking spaces for each unit. Mature trees provide shade in the summer. In-suite laundry in each unit + extra laundry unit in basement. Great central location close to all amenities - bus transit, parks, hospital & shopping, and waterfront. Updated hydro, heat and water systems all separately metered. Estimated annual rents are $107,400. Tenants pay all utilities (heat, hydro, water). Definitely worth booking a showing to check this one out! (id:16261)


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Details
Amenities NearbyBeach, Hospital, Park, Place of Worship, Public Transit, Shopping CommunicationHigh Speed Internet
Community FeaturesCommunity Centre EquipmentWater Heater
FeaturesPark/reserve, Beach, Paved driveway, Sump Pump OwnershipFreehold
Parking Spaces6 Rental EquipmentWater Heater
TransactionFor sale Zoning DescriptionR1-11
Building
Basement DevelopmentUnfinished BasementFull (Unfinished)
CoolingWall unit Exterior FinishVinyl siding
Fire ProtectionSmoke Detectors FoundationStone
Bathrooms (Total)5 Heating FuelNatural gas
HeatingBaseboard heaters, Forced air, Hot water radiator heat, Heat Pump Size Interior2991.0000
Storeys Total2 TypeFourplex
Utility WaterMunicipal water
Land
Size Frontage76 ft Access TypeHighway access
AmenitiesBeach, Hospital, Park, Place of Worship, Public Transit, Shopping SewerMunicipal sewage system
Size Depth165 ft

Listing Office: CENTURY 21 B.J. ROTH REALTY LTD., BROKERAGE, ORILLIA

Data Provided by The Lakelands Association of REALTORS®

Last Modified :08/06/2022 03:38:21 PM

Listing Office: CENTURY 21 B.J. ROTH REALTY LTD., BROKERAGE, ORILLIA

Data Provided by The Lakelands Association of REALTORS®

Last Modified :08/06/2022 03:38:21 PM