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$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.

REALTOR.ca  

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

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

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