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53 Elgin St

Elgin St, Orillia, Orillia, ON, L3V 1S1

4
Beds
3
Baths
2,005
Sq. Ft.
$730,000
List Price
Details
Photos
21
Comparables
History
53 Elgin St, Orillia, ON - 1 of 3
53 Elgin St, Orillia, ON - 2 of 3
53 Elgin St, Orillia, ON - 3 of 3
New
2 days on market

Quick Summary

  • Centrally located close to Downtown and Orillia's Waterfront
  • Three fully occupied units showing good rental return
  • Large 3-bedroom, 2-storey unit with large verandah
  • 1-bedroom second floor unit currently renting for $1,300
  • Studio apartment on third floor renting for $973.75
  • Building continuously updated and well-maintained
  • Basement offers extra storage and coin-operated laundry
  • Large backyard with parking for all tenants

Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to... Show More

Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas - electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord's storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants. (id:54626)

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Property Details

Size

2,005 sq. ft.
across 2 floors
4 Beds
3 Baths
3 Full

Parking

3 Parking Spaces
-

Lot

Size
503′12″ * 1200′0″
Acres
-

Build

Year Built
1915
Model Name
-
Basement
Partially finished
Exterior
Brick, Vinyl siding
Foundation
Block
Builder Name
-
Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters, Forced air
Cooling
None

Utilities

Water
Municipal water
Sewer
Municipal sewage system
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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
40651043
Last Updated
September 27, 2024
Brokerage
Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia
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Call us 800-591-0566

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