| $105K/unit at a 7.8% cap rate on a massive 38,353 sq. ft. lot. Features include 25 on-site parking spots and shared laundry facilities. Built with Concrete/block construction with a pitched steel roof for long-term durability. Located steps from Lake Simcoe and just a 5-minute drive to Hwy11 and Costco. Strong upside on rent roll in a supply-constrained rental market. Legal non conforming building. |
| Price | $2,000,000 |
| Taxes: | $29990.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 560 West Stre , Orillia, L3V 5H6, Simcoe |
| Postal Code: | L3V 5H6 |
| Province/State: | Simcoe |
| Directions/Cross Streets: | West St S/Hwy 12 |
| 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 |
| Building Percentage: | T |
| Total Area: | 15000.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
| 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: | $29,990 |
| Fireplace: | N |