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$549,900

Orillia ON, L3V 2X4

MLS® # S12522530

Property Information:

Attention Orillia Real Estate Investors! Legal triplex within a 1 minute walk to Soldiers Memorial Hospital. Tons of upside on rental income with 2 vacant units and the 3rd unit can be vacant on closing so you can set rents at market rent from day 1! Also decrease expenses because all units are seperatly metered allowing tenants to pay their own hydro bills. Basement unit offers 2 beds, One 4pc bath, kitchen and living room plus in suite laundry, ceramic floors throughout and currently vacant. Rear unit is a 1 bed, One 4pc bath, large living room, in-suite laundry, laminate floors, freshly painted and currently vacant. Front unit is two levels and offers 1 bed, one 4pc bath, living room, kitchen and in-suite laundry ( this unit is currently occupied but can be vacant on closing if necessary). Gas wall furnaces in each unit. Large mature backyard. Front has excellent parking with space for atleast 6 cars. Attract quality tenants due to strong location just steps from schools, hospital, businesses, downtown and is on a bus route. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Amenities: Separate Hydro Meters
  • Basement Type: None
  • Exterior Finish: Vinyl siding
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Dryer, Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 2+2
  • Bathrooms: 3
  • Amenities Nearby: Hospital, Public Transit, Park
  • Community Features: School Bus, Community Centre
  • Features: Flat site
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Lot Depth: 132.0 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 132 FT
  • Structure Type: Deck
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 6

Rooms:

  • Bedroom 2nd Level 3.25 m x 2.56 m
  • Kitchen 2nd Level 3.74 m x 2.56 m
  • Bathroom 2nd Level 1.51 m x 3.05 m
  • Living Basement Level 3.32 m x 3.42 m
  • Dining Basement Level 2.26 m x 3.42 m
  • Kitchen Basement Level 2.26 m x 3.52 m
  • Bedroom Basement Level 3.26 m x 3.51 m
  • 2nd Bedroom Basement Level 2.29 m x 3.42 m
  • Bathroom Basement Level 2.69 m x 3.51 m
  • Living Main Level 2.89 m x 3.57 m
  • Kitchen Main Level 4.17 m x 3.58 m
  • Living Main Level 4.02 m x 3.80 m
  • Bedroom Main Level 3.13 m x 3.80 m
  • Bathroom Main Level 2.31 m x 3.58 m

Convert Measurement to:


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

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 200 EDWARD STREET, Orillia, Ontario, L3V 2X4

Demographic Information of 200 EDWARD STREET, Orillia, Ontario, L3V 2X4

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$79,271.76

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.97 %

High school certificate or equivalent

34.26 %

Apprenticeship trade certificate/diploma

3.26 %

College/non-university certificate

26.97 %

University Degree

7.54 %

Commuter

Travel To Work

By Car

83.94 %

By Public Transit

0.96 %

By Walking

9.13 %

By Bicycle

1.79 %

By Other Methods

4.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

28.75 %

Houses

71.25 %

Own Vs. Rent