66 Nottawasaga Street Orillia, Ontario L3V 3J4
$859,900
7.3% cap. Most fourplexes that come up need something: units to renovate, rents to catch up, or a hydro bill you inherit. This one needs none of it. All four units are renovated, leased, and separately metered, so tenants carry their own power and your operating exposure stays where you can predict it. The quality of the finishes is why it leases the way it does. Units get picked up quickly and no more vacancy, which is the difference between a building that runs itself and one that runs you. The capital cycle is finished. Roof 2019. High-efficiency furnaces and attic insulation 2020. Roof and eave heating cables 2021. Concrete collar, upper-level siding and storage shed 2022. Paved parking and main-floor air conditioning 2023. Water heater owned, not rented. Solid brick construction, zoned Fourplex, with four parking spaces, shared basement laundry and private entrances for the main-floor units. The businesses of Downtown Orillia, waterfront boardwalk, scenic trails and Lakehead University are all a walk away, which is what keeps the tenant pool deep and the units full. (id:16261)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | S13797516 |
| Property Type | Multi-family |
| Community Name | Orillia |
| Amenities Near By | Public Transit, Recreation |
| Parking Space Total | 4 |
Building
| Bathroom Total | 4 |
| Bedrooms Total | 4 |
| Appliances | Dryer, Water Heater, Washer |
| Cooling Type | Partially Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,804 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Sewer | Sanitary Sewer |
| Size Depth | 130 Ft |
| Size Frontage | 35 Ft |
| Size Irregular | 35 X 130 Ft |
| Size Total Text | 35 X 130 Ft |
| Zoning Description | Fourplex |
https://www.realtor.ca/real-estate/30293407/66-nottawasaga-street-orillia-orillia
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October 06 2026 01:57:53
The Lakelands Association of REALTORS®
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