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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

8 Beds

4 Baths

Save

Est. payment | -/mo

Save

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Orillia

MLS Listing ID S13078240

Style Bungalow-Raised

Bedrooms 8

Annual Tax Amount $7,785

Tax Year 2025

Property Sub-Type Fourplex

Property Description

The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey.

Location

Province ON

County Simcoe

Area Simcoe

Zoning R2-11

Rooms

Family Room No

Basement Apartment

Kitchen 4

Interior

Interior Features Separate Heating Controls, Generator - Partial

Cooling None

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 74.8

Lot Depth 197.35

Total Parking Spaces 8

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by RE/MAX JAZZ INC.

Schools and Properties Nearby

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+1(647) 493-3579

info@tonyledi.com

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416 Gill ST Orillia, ON L3V 4K6