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371 East St

East St, Orillia, Orillia, ON, L3V 4C6

10
Beds
4
Baths
2,000 - 2,500
Sq. Ft.
$1,199,999
List Price
Details
Photos
20
Comparables
History
371 East St, Orillia, ON - 1 of 3
371 East St, Orillia, ON - 2 of 3
371 East St, Orillia, ON - 3 of 3
New
16 days on market

Quick Summary

  • Legal fourplex generating $82,800 annual income
  • High rental demand in the area
  • Easy to finance property
  • Close to water, downtown, and educational institutions
  • Newly paved driveway and parking lot
  • Steel roof
  • Motivated seller
  • 10 bedrooms in the property

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 $1550, unit 2 $1650, unit 3 $1850, unit 4 $2000. The Location... Show More

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 $1550, unit 2 $1650, unit 3 $1850, unit 4 $2000. 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. 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.

Additional Media

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Property Details

Size

2,000 - 2,500 sq. ft.
10 Beds
9 Above Grade - 1 Below Grade
4 Baths

Parking

5 Parking Spaces
None

Build

Year Built
1925 - 1973
Model Name
-
Basement
Apartment
Exterior
Alum Siding, Vinyl Siding
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
None

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$6,659.02

Source

Listing Brokerage

MLS® Listing
S8241026
Last Updated
April 25, 2024
Brokerage
ZOLO REALTY
Call us 800-591-0566

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