| Going-in cap rate of 6.9% cap rate + approx 35%+ lift on overall rent roll. An add-value investors ideal next project. 2 buildings, 12-units (7x 1b &5x bach). Built with durable Concrete/block construction. Laundry on site. 10 parking spots. Clean ESA Phase 1 (2025). Located downtown Orillia and 3-minute drive from Hwy 11 and Costco. |
| Price | $1,400,000 |
| Taxes: | $14588.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 81 & 85 Peter Street , Orillia, L3V 5B3, Simcoe |
| Postal Code: | L3V 5B3 |
| Province/State: | Simcoe |
| Directions/Cross Streets: | PETER & ELGIN |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 6000.00 |
| Total Area Code: | Square Feet |
| Water Expense: | $6262 |
| Expenses Actual/Estimated: | $Est |
| Washrooms: | 0 |
| Heat Type: | Water Radiators |
| Central Air Conditioning: | Partial |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| MYSAK REALTY INC. |
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| Book Showing | Email a Friend |
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Tax: | $14,588 |
| Fireplace: | N |