12 Bedroom
7 Bathroom
3,500 - 5,000 ft2
Wall Unit
Baseboard Heaters
$2,299,000
Exceptional opportunity to own a fully renovated 7-unit apartment building with high in-place income and excellent tenant profile. Completely occupied, this turnkey investment has been thoughtfully upgraded in 2023 with new doors, windows, flooring, water tank, modern appliances, and energy-efficient floor heating. A newly added retaining wall maximizes functionality by increasing available parking. The property includes 5 spacious 2-bedroom, condo-style apartments featuring wall A/C units and updated kitchens with dishwashers, one 1-bedroom apartment, and 1 bachelor. Designed for both tenant comfort and investor peace of mind, this well-maintained asset offers a compelling blend of stability, quality, and long-term growth potential. All tenants pay their own hydro. It is located within walking distance of the lake and marina. (id:61594)
Property Details
|
MLS® Number
|
S12994258 |
|
Property Type
|
Multi-family |
|
Community Name
|
Orillia |
|
Parking Space Total
|
8 |
Building
|
Bathroom Total
|
7 |
|
Bedrooms Above Ground
|
8 |
|
Bedrooms Below Ground
|
4 |
|
Bedrooms Total
|
12 |
|
Appliances
|
Dishwasher, Stove, Two Washers, Refrigerator |
|
Basement Development
|
Finished |
|
Basement Features
|
Apartment In Basement, Walk Out |
|
Basement Type
|
N/a, N/a (finished) |
|
Cooling Type
|
Wall Unit |
|
Exterior Finish
|
Brick |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters |
|
Stories Total
|
2 |
|
Size Interior
|
3,500 - 5,000 Ft2 |
|
Type
|
Other |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
120 Ft |
|
Size Frontage
|
103 Ft ,7 In |
|
Size Irregular
|
103.6 X 120 Ft |
|
Size Total Text
|
103.6 X 120 Ft |
Utilities
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29600026/235-canice-street-orillia-orillia