$695,000

Orillia ON, L3V 5L1

MLS® # S12416328

Property Information:

Investors Dream! Fully renovated down to the studs with all-new kitchens, washrooms, flooring, waterproofing, and more. This property comes with a building permit approved for a legal duplex and garden suite approval from the City, offering exceptional income potential.Situated on a large 48 ft x 165 ft lot with parking for up to 8 cars, the home features brand-new modern finishes throughout and is move-in ready. Orillias strong rental market, paired with limited short-term rental supply, makes this an outstanding investment opportunity.Conveniently located near the beach, hospital, parks, shopping, and morethis is a turn-key property with multiple streams of rental income potential. (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Basement Type: Full
Exterior Finish: Brick
Floor Space: 1100 - 1500 sqft
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Central air conditioning

Property Features:

Property Type: Multi-family
Bedrooms: 3
Bathrooms: 2
Features: Carpet Free
Floor Space (approx): 1100 - 1500 Square Feet
Irregular: Yes
Lot Depth: 165.0 Feet
Lot Frontage: 48.0 Feet
Lot Size: 48 x 165 FT
Utility Type: Sewer - Installed, Hydro - Installed, Cable - Installed
Sewer: Sanitary sewer
Parking Type: Garage, No Garage
No. of Parking Spaces: 8

Courtesy of: FINE HOMES REALESTATE INC.

More Detail

Less Detail

⚠ Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Market Price Trends

Location of 119 ALBERT STREET S, Orillia, Ontario, L3V 5L1

Lifestyle
Neighbourhood

Demographic Information of 119 ALBERT STREET S, Orillia, Ontario, L3V 5L1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$79,606.04

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.28 %

High school certificate or equivalent

33.79 %

Apprenticeship trade certificate/diploma

5.51 %

College/non-university certificate

27.95 %

University Degree

7.47 %

Commuter

Travel To Work

By Car

83.42 %

By Public Transit

1.23 %

By Walking

11.65 %

By Bicycle

0.0 %

By Other Methods

3.7 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.6 %

Houses

54.4 %

Own Vs. Rent