$899,900
Available - For Sale
Listing ID: S12437073
19 South Street , Orillia, L3V 3T1, Simcoe
| Solid investment opportunity in a sought-after Orillia neighborhood! This well-maintained, legal triplex provides immediate income and strong future potential with approval for a fourth unit and construction already started. The upper level features two bright and spacious one-bedroom units, with laundry capability, both freshly painted with updated flooring and modern bathrooms completely move-in ready and offering flexibility to establish your rental strategy or occupy personally. The main floor includes a third one-bedroom unit, currently rented to a reliable long-term tenant at market rent, along with a large storage space that is already roughed-in and offers potential for conversion to a fourth unit (plans are attached). A full utility room enhances functionality. The property also includes a useful outbuilding, providing extra storage or potential future use. With three separate hydro meters, private entrances, dedicated parking for each unit, updated vinyl windows, and a prime location close to shopping, transit, hospital, and parks, this property is a versatile addition to any portfolio. Whether you're a seasoned investor or entering the market for the first time, this triplex is a strong and adaptable income-producing asset in a high-demand rental area. |
| Price | $899,900 |
| Taxes: | $4762.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 19 South Street , Orillia, L3V 3T1, Simcoe |
| Postal Code: | L3V 3T1 |
| Province/State: | Simcoe |
| Legal Description: | LT 82 PL 395 SOUTH ORILLIA; PT LT 83 PL |
| Directions/Cross Streets: | West St. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 2 To 5 Units |
| Building Percentage: | T |
| Total Area: | 3243.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 51-99 |
| Financial Statement: | T |
| Chattels: | T |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 3 |
| Outside Storage: | T |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 B.J. ROTH REALTY LTD. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Approximate Age: | 51-99 |
| Tax: | $4,762 |
| Baths: | 3 |
| Fireplace: | N |
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