55 Fittons Road E Orillia, Ontario L3V 2J2

4 Bedroom 2 Bathroom 1,820 ft2
Central Air Conditioning Forced Air

$649,900

City-approved, legal duplex offering two self-contained, move-in ready units (up/down) with private entrances - ideal for investors, multi-generational families or homeowners looking to offset mortgage costs. This brick & siding home with metal roof (2017) delivers immediate cash flow in a high-demand rental area. The upper unit features 3 bedrooms, an updated 3-pc bath (tub/shower combo), full kitchen and open-concept living/dining space. The bright lower unit offers 1 bedroom, 3-pc bath (shower), large above-grade windows, an efficient kitchen and cozy living/eating area. Both units have been freshly painted in calming neutrals & include recent updates to kitchens, baths, flooring, doors & trim. Additional features: forced-air gas furnace, central A/C, covered carport and parking for 3-4 vehicles. The fully fenced backyard backs onto the peaceful Couchiching Golf Course - offering green views, added privacy and regular wildlife sightings. Projected rental income (Orillia averages): 3-bedroom unit: approx. $2,000-2,300/month. 1-bedroom unit: approx. $1,400-1,800/month. Total gross income: approx $38,400- 51,600/year. Located just 7 minutes to downtown Orillia & the marina, 15 mins to Casino Rama and 30 mins to two ski resorts. Enjoy beaches, year-round festivals, dining and recreation at your doorstep. A rare opportunity to secure a hands-off investment with great returns - or enjoy home ownership with a healthy built-in income stream. Be sure to view the 3D tour and slideshow below, then book your showing and discover the income potential and mortgage versatility this turnkey gem truly has to offer! (id:61594)

Property Details

MLS® Number 40741635
Property Type Single Family
Amenities Near By Golf Nearby, Hospital, Park, Place Of Worship, Public Transit, Schools
Community Features School Bus
Features Paved Driveway, In-law Suite
Parking Space Total 4

Building

Bathroom Total 2
Bedrooms Above Ground 3
Bedrooms Below Ground 1
Bedrooms Total 4
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer, Microwave Built-in
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1973
Construction Style Attachment Semi-detached
Cooling Type Central Air Conditioning
Exterior Finish Aluminum Siding, Brick
Fixture Ceiling Fans
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,820 Ft2
Type House
Utility Water Municipal Water

Parking

Carport

Land

Acreage No
Fence Type Fence
Land Amenities Golf Nearby, Hospital, Park, Place Of Worship, Public Transit, Schools
Sewer Municipal Sewage System
Size Depth 200 Ft
Size Frontage 35 Ft
Size Irregular 0.161
Size Total 0.161 Ac|under 1/2 Acre
Size Total Text 0.161 Ac|under 1/2 Acre
Zoning Description R2

Rooms

Level Type Dimensions
Second Level 3pc Bathroom 8'9'' x 7'6''
Second Level Bedroom 10'9'' x 10'1''
Second Level Bedroom 15'1'' x 10'0''
Second Level Primary Bedroom 14'7'' x 10'5''
Lower Level Laundry Room 9'11'' x 7'11''
Lower Level 3pc Bathroom 9'11'' x 4'0''
Lower Level Bedroom 13'4'' x 8'8''
Lower Level Kitchen 11'2'' x 8'9''
Lower Level Living Room 14'2'' x 12'9''
Main Level Kitchen 11'5'' x 10'1''
Main Level Dining Room 15'3'' x 10'0''
Main Level Living Room 15'3'' x 13'0''

https://www.realtor.ca/real-estate/28610019/55-fittons-road-e-orillia

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