Just Listed
Address
102 West Street N, Orillia, ON
Price
$ 624,900
Property Attributes
- ID#S13771100
- TypeSingle Family
- Listing Status Active
- MunicipalityOrillia
- CityOrillia
- AreaOrillia
- NeighbourhoodOrillia
- Postal CodeL3V 5C3
- Style
- Price$ 624,900
- Bedrooms5+1
- Bathrooms4
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
A rare opportunity to own a legal, income-producing triplex in the heart of Orillia. Set on a generous lot with ample surface parking, this property offers self-contained units, each with its own entrance, kitchen, and bathroom, plus shared coin laundry for added convenience and revenue. The unit mix includes two 2-bedroom units, one 1-bedroom unit, and a finished basement. Two of the units are occupied month to month, providing immediate cash flow, while one unit sits vacant, giving a new owner full control to set market rents from day one. For first-time buyers or owner-occupants, the layout also allows you to live in one unit while tenant income from the others helps offset your own housing costs.The location works hard for both tenants and owners, with downtown shopping, schools, the hospital, parks, and quick highway access all just steps away. Big-ticket maintenance is already handled too, with a new roof installed in 2024. The property is being sold move-in ready, with all three stoves, three fridges, washer, dryer, and light fixtures included.Whether you're an investor looking or a buyer wanting to offset your mortgage with rental income, this triplex offers flexibility and long-term value in one of Orillia's most convenient locations. Book your showing today - opportunities like this don't sit long. (id:7434)
General Features
| Property Type | Single Family |
|---|---|
| CommunityName | Orillia |
| Building Appliances | Stove, Refrigerator |
| Building Cooling Type | None |
| Location Description | Cross Streets: west/Neywash. ** Directions: Coldwater to West. |
| Parking Space Total | 6 |
| Foundation Type | Stone |
| Building Type | House |
| Ownership Type | Freehold |
| Building.StoriesTotal | 2.5 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Radiant heat |
| Building Heating Fuel | Natural gas |
| Basement Development | Finished |
| Basement Type | N/A (Finished) |
| Construction Style Attachment | Detached |
| Living Area Range | 1100 |
| Bedrooms | 5+1 |
Exterior Features
| Sewer | Sanitary sewer |
|---|---|
| Exterior Finish | Vinyl siding |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in L3V 5C3
Price
In The Neighbourhood
Just Listed
Orillia
$ 549,000
- Type
- Single Family
- Rooms
- 2 Beds + 1 Baths
Century 21 B.J. Roth Realty Ltd.
Just Listed
Orillia
$ 524,900
- Type
- Single Family
- Rooms
- 3 Beds + 1 Baths
FARIS TEAM REAL ESTATE BROKERAGE
Toronto Real Estate Board (TRREB); All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating