339 Gill Street
Orillia, Orillia
$499,990
Welcome To 339 Gill Street! This Corner Property Is One Of A Kind! Suitable For Many Uses Including An Apartment Building Or A Townhouse Project. R2 Zoning. Water, Gas, Electricity & Sewer Services At Lot Line. Conveniently Located In A Mature, Residential Neighbourhood With Three-story Apartment Buildings That Are Fully Tenanted. Starbucks Is Right Around The Corner. Bus Line Right In Front Of The Property. Detached Property & Separate Garage Included. Structures Are Not Livable/Usable. Located Just Minutes Away From Downtown Orillia, Orillia's Waterfront, Plazas, Shops, Restaurants And Municipal Services! Higher Density May Be Available. Investment Opportunity! Potential Severance. Being Sold "As Is" With No Representations Or Warranties. Vacant And Ready For Immediate Possession.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | < 700 sq. ft. |
| Property Tax | $2,336 |
| Lot Size | 80.01 ft x 139.27 ft |
| mls© Number | S13185992 |
| Listed By | RE/MAX EXPERTS |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,559
- Property tax
- $195
- Heat allowance
- $150
- Housing costs
- $2,904 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$89,000
gross annual household income
- Payment at 4%
- $2,104 / mo
- Cash down
- $99,998
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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