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Royal LePage
Royal LePage
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$899,900

Orillia ON, L3V 3T1

MLS® # S12438417

Property Information:

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:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Type: None
  • Exterior Finish: Aluminum siding
  • Floor Space: 3000 - 3500 sqft
  • Foundation Type: Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None
  • Appliances: Stove

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 3
  • Bathrooms: 3
  • Amenities Nearby: Golf Nearby, Park, Schools, Hospital, Public Transit
  • Fence Type: Partially fenced
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 107.0 Feet
  • Lot Frontage: 75.0 Feet
  • Lot Size: 75 x 107 FT
  • Structure Type: Shed, Outbuilding
  • Utility Type: Cable - Installed, Hydro - Installed, Sewer - Installed
  • Zoning: R1
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 7

Rooms:

  • Kitchen 2nd Level 3.51 m x 3.48 m
  • Living 2nd Level 4.65 m x 3.64 m
  • Bedroom 2nd Level 3.97 m x 3.48 m
  • Kitchen 2nd Level 3.51 m x 3.64 m
  • Living 2nd Level 3.99 m x 3.66 m
  • Bedroom 2nd Level 3.99 m x 3.48 m
  • Utility Main Level 4.83 m x 3.70 m
  • Utility Main Level 4.79 m x 3.70 m
  • Kitchen Main Level 2.00 m x 4.33 m
  • Living Main Level 5.29 m x 4.63 m
  • Bedroom Main Level 4.32 m x 2.96 m
  • Utility Main Level 9.72 m x 4.50 m

Convert Measurement to:


Courtesy of: CENTURY 21 B.J. ROTH REALTY LTD.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 19 SOUTH STREET, Orillia, Ontario, L3V 3T1

Demographic Information of 19 SOUTH STREET, Orillia, Ontario, L3V 3T1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,171.09

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.55 %

High school certificate or equivalent

27.27 %

Apprenticeship trade certificate/diploma

6.05 %

College/non-university certificate

24.02 %

University certificate (below bachelor)

0.76 %

University Degree

21.34 %

Commuter

Travel To Work

By Car

87.61 %

By Public Transit

4.08 %

By Walking

7.69 %

By Bicycle

0.0 %

By Other Methods

0.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.47 %

Houses

73.53 %

Own Vs. Rent

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