ADDRESS
Call: 416-800-1055
PROPERTY TYPE
2-Storey, Fourplex Property
16 Rooms Total, 4 Kitchens
5 Parking Spaces
LOT SIZE
44.00 x 115.00
PROPERTY FEATURES
Apartment Basement
Alum Siding, Vinyl Siding Exterior
Book Showing
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SALES HISTORY
04/24/2024
FOR SALE
$1,199,999
SOLD COMPARABLES
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PROPERTY TAXES
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PROPERTY DESCRIPTION
This Property Is A Legal Fourplex That Generates A High Income Of Approximately $82800 Annually For The Owner. The Annual Expenses Are Roughly: Hydro 580/Month Gas 360/Month Water 320/Month Insurance 500/Month Tax 4800/Year Maintenance 2000/Year. Monthly Rental Income: Unit 1 $1550, Unit 2 $1650, Unit 3 $1850, Unit 4 $2000. The Location Of The Property Is Great And There Is A High Demand For Rentals In The Area. The Property Is Easy To Finance And Has A Walk Score Of 35 And A Bike Score Of 64. There Are A Total Of 10 Bedrooms In The Property And It Is Close To The Water And Downtown Area. Motivated Seller.
EXTRAS
Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses.
LEGAL DESCRIPTION
Lt 13 W/S East St Pl 598 Orillia; Orillia
Call: 416-800-1055
Book Showing
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