Quick Summary
Quick Summary
- Existing legal duplex with 2 x 2 bedroom units
- Potential to create a smaller 3rd unit
- Separate hydro meters for existing apartments
- Large in-town double lot with expansion potential
- Ideally located near hospital, downtown, and rec center
- Across the road from large rental complex
- Great investment opportunity for buyers and developers
- Ongoing rental income to carry costs during approvals
Check out this great investment opportunity. Existing Legal duplex with 2 x 2 bedroom units, potential to create a smaller 3rd unit. Two existing apartments with separate hydro meters. Current building sits on a large in town double lot. Ideally located across the road from a large complex of rental units, with ongoing expansion. Great... Show More
Check out this great investment opportunity. Existing Legal duplex with 2 x 2 bedroom units, potential to create a smaller 3rd unit. Two existing apartments with separate hydro meters. Current building sits on a large in town double lot. Ideally located across the road from a large complex of rental units, with ongoing expansion. Great for Investors and Developers alike, to build and re-sell Or retain in your investment portfolio as ongoing Income property. Buy now with immediate Income and let the current Rental Income carry the costs, while City of Orillia processes for approvals takes place. Lots of potential for this property. Ideally located within close proximity and walking distance to the hospital, quaint downtown Orillia offering cafes, restaurants, banks and shopping, and within a few steps to the new Orillia Recreation Centre. Orillia is quickly growing, why not become part of the growth and build your Investment portfolio. Buyer is responsible for all City of Orillia processes and costs for the approval of change of use and permits. Legal duplex with 2 x 2 bedroom units with separate hydro meters on a huge in town double lot. Lots of potential for this property which is in close proximity to the hospital, quaint downtown Orillia, and Orillia Recreation Centre.
Property Details
Size
Parking
Build
Heating & Cooling
Utilities
Rooms
Bathroom
3′7″ x 3′7″
Bathroom
3′7″ x 3′7″
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
Book A Private Showing
For Sale Nearby
Sold Nearby
- 3
- 1
- 3
- 1
- 1,100 - 1,500 Sq. Ft.
- 2
- 1
- 2
- 2
- 3
- 2
- 2
- 1
- 700 - 1,100 Sq. Ft.
- 2
- 1
- 2
- 1
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