53 Elgin Street , Orillia, ON L3V 1S1
Orillia, ON L3V 1S1
Description
Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas - electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord's storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants.
Details
| MLS# | 40651043 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1915 |
| Days On Site | 14 |
| Listing Provided By | Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia | Leah C. Cavanaugh |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 2,005 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | R3 |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Simcoe County |
| City | Orillia |
| Postal Code | L3V 1S1 |
| Area | Orillia |
| Subarea | South Ward |
| Community Name | South Ward |
| Listing VS Median (in South Ward) | |
Price: $730,000 low | high Med: $684,450 SqFt: 2,005 low | high Med: 1,475 $ / SqFt: $364 low | high Med: $493 On Site: 14 low | high Med: 95.000000 | |
