Great Investment Opportunity in Orillia! Discover this versatile 3-bedroom home with excellent in-law potential located in the heart of Orillia. The property offers separate upstairs and downstairs living spaces, each featuring their own kitchen, laundry facilities, and 4-piece bathroom, ensuring functionality and independence for in-law suite. The main level boasts long-term, reliable tenants, making this a hassle-free investment from the start. The basement, with its gas fireplace and side entrance via the carport gas adds flexibility and additional potential. Situated on a 47.5 ft. x 104.5 ft. lot, the property includes a partially fenced backyard, a storage shed, and parking for up to five vehicles, including a carport. Its location is unbeatablesteps from public transit and within walking distance to the hospital, Lakehead University, and Orillia's charming historical downtown. Whether you're an investor seeking steady income or a homeowner looking for added space and versatility, this property delivers!
MLS# | 40691609 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active Under Contract |
Year | 1977 |
Days On Site | 27 |
Listing Provided By | Coldwell Banker The Real Estate Centre Brokerage | Jason Schlegel |
Bed(s) | 3 |
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Bath(s) | 2 Total |
SQ Feet | 1,056 |
Basement | Y |
Zoning | R-2 |
Acreage | 0.11 |
State | ON |
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County | Simcoe County |
City | Orillia |
Zip Code | L3V 3C3 |
Area | Orillia |
Subarea | West Ward |
Community Name | West Ward |
School District | Twin Lakes Ss |
Elementary School | Harriett Todd Ps |
Listing VS Median (in West Ward) | |
Price: $525,000 low | high Med: $549,000 SqFt: 1,056 low | high Med: 1,500 $ / SqFt: $497 low | high Med: $366 On Site: 27 low | high Med: 245.000000 |