371 East St Orillia, Ontario L3V 4C6
$899,999
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 $1,518 Unit 2 $1,600 Unit 3 $1,800 Unit 4 $1,900 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. (id:51580)
Property Details
| MLS® Number | S6013245 |
| Property Type | Single Family |
| Community Name | Orillia |
| Parking Space Total | 5 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 9 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 10 |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Exterior Finish | Aluminum Siding, Vinyl Siding |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Fourplex |
Land
| Acreage | No |
| Size Irregular | 44 X 115 Ft |
| Size Total Text | 44 X 115 Ft |
https://www.realtor.ca/real-estate/25444413/371-east-st-orillia-orillia
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July 28 2023 06:26:12
Toronto Real Estate Board
Zolo Realty