This charming 5-unit multiplex in the heart of Orillia offers an incredible chance for seasoned investors and newcomers looking to expand their portfolio. All units feature spacious two-bedroom, one-bathroom units and in-unit laundry. There is significant potential for increased rental rates compared to the current market. Sitting on a half-acre lot, there is potential to expand the existing building and/or add more suites. As of October, one of the five units is vacant and offered for lease.
| MLS # | S12080176 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 208 |
| Listing Provided By | CRESCENT REAL ESTATE INC. | S12080176 251400 |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,700 |
| Acreage | 0.08 |
| Heating Yes / No | Yes |
|---|---|
| Cooling | No |
| Rooms Total | 5 |
| Community Features | Major Highway, Public Transit |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 10074 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | Pt Lt 10 Con 4 South Orillia As In Ro1006602; Oril |
| Tax Year | 2024 |
| Province | ON |
|---|---|
| County | Simcoe |
| City | Orillia |
| Postal Code | L3V 2R4 |
| Area | Orillia |
| Province | ON |
|---|---|
| County | Simcoe |
| City | Orillia |
| Postal Code | L3V 2R4 |
| Area | Orillia |