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508 West St

West St, Orillia, Orillia, ON, L3V 5H3

9
Beds
4
Baths
2,500 - 3,000
Sq. Ft.
$1,349,000
List Price
Details
Photos
31
Comparables
History
508 West St, Orillia, ON - 1 of 3
508 West St, Orillia, ON - 2 of 3
508 West St, Orillia, ON - 3 of 3
307 days on market

Quick Summary

  • Fully renovated and furnished legal triplex.
  • Versatile property in a thriving multicultural community.
  • Ideal for large families or investors.
  • High rental demand in the area.
  • Proximity to Lakehead University and Georgian College.
  • Adaptable property with attractive returns.
  • Ample green space, near the lake and Kitchener Park.
  • Quick closing options for maximizing rental income.

INCOME + LOCATION + PEACE OF MIND: FULLY RENOVATED & FURNISHED LEGAL TRIPLEX WITH A BONUS GUEST SUITE! This versatile property, nestled in a thriving multicultural community, offers a unique opportunity for large families or investors. Fully furnished with 9 bedrooms, 4 bathrooms & 4 laundry facilities, it's perfect for multi-generational... Show More

INCOME + LOCATION + PEACE OF MIND: FULLY RENOVATED & FURNISHED LEGAL TRIPLEX WITH A BONUS GUEST SUITE! This versatile property, nestled in a thriving multicultural community, offers a unique opportunity for large families or investors. Fully furnished with 9 bedrooms, 4 bathrooms & 4 laundry facilities, it's perfect for multi-generational living or executive tenants. Investors will appreciate the high rental demand in this area, whether for students from Lakehead University or Georgian College, or flexible short-term professional tenants. The property's adaptability, unbeatable location & proximity to key amenities ensure attractive returns. You can choose between short-term rentals or international student housing without the headaches of long-term leases. The impressive 1/3 acre property boasts ample green space, steps to the lake, Kitchener Park & various recreational amenities. Quick closing options are available for maximizing rental income & positive cash flow.

Additional Media

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Property Details

Size

2,500 - 3,000 sq. ft.
10 total rooms
9 Beds
5 Above Grade - 4 Below Grade
4 Baths

Parking

12 Parking Spaces
None

Build

Year Built
1924 - 1972
Model Name
-
Basement
Finished, Full
Exterior
Brick, Vinyl Siding
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
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Rooms

Kitchen

9′8″ x 12′7″

Dining

7′1″ x 12′7″

Living

15′7″ x 15′3″

Prim Bdrm

13′10″ x 12′7″

Br

9′8″ x 11′1″

Br

9′1″ x 11′1″

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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$6,725.26

Source

Listing Brokerage

MLS® Listing
S6675440
Last Updated
September 21, 2023
Brokerage
RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Call us 800-591-0566

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