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$ 899,999
Est. payment | /mo
6 Beds
3 Baths
$ 899,999
Est. payment | /mo
6 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Orillia
MLS Listing ID S12711644
Style Bungalow-Raised
Bedrooms 6
Annual Tax Amount $6,092
Tax Year 2025
Property Sub-Type Triplex
Property Description
Turnkey bungalow-style triplex in central Orillia offering strong cash flow and flexibility. Two units recently renovated with significant investment, providing modern finishes and low near-term maintenance. Two units currently rented, generating immediate income. Third unit is vacant and market-ready, with projected rent of $2,300/month, ideal for setting market rent or owner occupancy. List price of $899,999 supports a high cap rate, making this an excellent opportunity for investors or first-time buyers looking to live in one unit while renting the others to offset mortgage costs. Features include separate entrances to all units, private parking, and a durable metal roof. Conveniently located near downtown, hospital, shopping, and amenities. A rare chance to secure a solid income property with upside in a growing market.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement Apartment
Kitchen 3
Interior
Interior Features None
Cooling None
Exterior
Parking Features Lane
Pool None
Roof Type Other
Lot Frontage 69.5
Lot Depth 100.0
Total Parking Spaces 4
Building
Foundation Poured Concrete
Others
Senior Community No
ParcelsYN No
Listed by CITYSCAPE REAL ESTATE LTD.
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