3 Bedroom
3 Bathroom
3000 - 3500 sqft
Baseboard Heaters
$899,900
Solid investment opportunity in a sought-after Orillia neighborhood! This well-maintained, legal triplex provides immediate income and strong future potential with approval for a fourth unit and construction already started. The upper level features two bright and spacious one-bedroom units, with laundry capability, both freshly painted with updated flooring and modern bathrooms completely move-in ready and offering flexibility to establish your rental strategy or occupy personally. The main floor includes a third one-bedroom unit, currently rented to a reliable long-term tenant at market rent, along with a large storage space that is already roughed-in and offers potential for conversion to a fourth unit (plans are attached). A full utility room enhances functionality. The property also includes a useful outbuilding, providing extra storage or potential future use. With three separate hydro meters, private entrances, dedicated parking for each unit, updated vinyl windows, and a prime location close to shopping, transit, hospital, and parks, this property is a versatile addition to any portfolio. Whether you're a seasoned investor or entering the market for the first time, this triplex is a strong and adaptable income-producing asset in a high-demand rental area. (id:41954)
Property Details
MLS® Number
|
S12438417 |
Property Type
|
Multi-family |
Community Name
|
Orillia |
Amenities Near By
|
Golf Nearby, Park, Place Of Worship, Schools, Hospital, Public Transit |
Parking Space Total
|
7 |
Structure
|
Shed, Outbuilding |
Building
Bathroom Total
|
3 |
Bedrooms Above Ground
|
3 |
Bedrooms Total
|
3 |
Age
|
51 To 99 Years |
Amenities
|
Separate Heating Controls, Separate Electricity Meters |
Appliances
|
Water Heater, Stove, Two Refrigerators |
Exterior Finish
|
Aluminum Siding |
Foundation Type
|
Concrete |
Heating Fuel
|
Electric |
Heating Type
|
Baseboard Heaters |
Stories Total
|
2 |
Size Interior
|
3000 - 3500 Sqft |
Type
|
Triplex |
Utility Water
|
Municipal Water |
Parking
Land
Acreage
|
No |
Fence Type
|
Partially Fenced |
Land Amenities
|
Golf Nearby, Park, Place Of Worship, Schools, Hospital, Public Transit |
Sewer
|
Sanitary Sewer |
Size Depth
|
107 Ft |
Size Frontage
|
75 Ft |
Size Irregular
|
75 X 107 Ft |
Size Total Text
|
75 X 107 Ft |
Zoning Description
|
R1 |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Kitchen |
3.51 m |
3.48 m |
3.51 m x 3.48 m |
Second Level |
Living Room |
4.65 m |
3.64 m |
4.65 m x 3.64 m |
Second Level |
Bedroom |
3.97 m |
3.48 m |
3.97 m x 3.48 m |
Second Level |
Kitchen |
3.51 m |
3.64 m |
3.51 m x 3.64 m |
Second Level |
Living Room |
3.99 m |
3.66 m |
3.99 m x 3.66 m |
Second Level |
Bedroom |
3.99 m |
3.48 m |
3.99 m x 3.48 m |
Main Level |
Utility Room |
4.83 m |
3.7 m |
4.83 m x 3.7 m |
Main Level |
Utility Room |
4.79 m |
3.7 m |
4.79 m x 3.7 m |
Main Level |
Kitchen |
2 m |
4.33 m |
2 m x 4.33 m |
Main Level |
Living Room |
5.29 m |
4.63 m |
5.29 m x 4.63 m |
Main Level |
Bedroom |
4.32 m |
2.96 m |
4.32 m x 2.96 m |
Main Level |
Utility Room |
9.72 m |
4.5 m |
9.72 m x 4.5 m |
Utilities
Cable
|
Installed |
Electricity
|
Installed |
Sewer
|
Installed |
https://www.realtor.ca/real-estate/28937539/19-south-street-orillia-orillia