116 Albert Street South, Orillia, Ontario L3V5L2

Listing courtesy of FARIS TEAM REAL ESTATE BROKERAGE.

$649,000
4
BD
3
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$649,000
MLS®
S13657948
Days on Market
6
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
4
Bathrooms
3
Lot Size Dimensions
69.7 x 88.6 FT
Subdivision
Orillia

Property Description

Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. (id:5764)

Additional Information

Subdivision
Orillia
Parking Spaces
3
Cooling
None
Country
Canada
Flooring
Laminate, Vinyl
Sewer
Sanitary sewer
Community Features
School Bus
Heating
Forced air, Natural gas
Stories
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks