24
See all 24 photos
$620,000
Est. payment /mo
4 Beds
3 Baths
Active
200 Edward ST Orillia, ON L3V 2X4
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Orillia
MLS Listing ID S12442577
Style 2-Storey
Bedrooms 4
Annual Tax Amount $2,986
Tax Year 2024
Property Sub-Type Triplex
Property Description
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.
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Rooms
Family Room No
Basement None
Kitchen 3
Separate Den/Office 2
Interior
Interior Features In-Law Suite, Separate Hydro Meter, Water Heater Owned
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck
Parking Features Private
Pool None
View Trees/Woods
Roof Type Metal
Topography Flat
Lot Frontage 50.0
Lot Depth 132.0
Total Parking Spaces 6
Building
Unit Features Hospital,Public Transit,School Bus Route,Park,Rec./Commun.Centre
Foundation Block
Others
ParcelsYN No
Listed by CENTURY 21 B.J. ROTH REALTY LTD.
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