Property Description

Looking for a turn key investment? Only 19 years old, this is an exceptional purpose built 5-plex with very low maintenance costs, featuring 4 two bedrooms units and 1 bachelor unit, all with 1 kitchen and bathroom. Occupied with triple A tenants, this property yields very strong cash flow, resulting in an excellent cap rate. The units have all been beautifully renovated with commercial grade flooring, new kitchens and bathrooms. An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants. Baseboard heating in bedrooms & heat/air conditioner unit in the living rooms. Located right across the street from the lake, and conveniently located just minutes from Hwy 12 and downtown Orillia, this is an opportunity to buy and benefit from the revitalization of Orillia. Financials Attached.

Features
: Baseboard
: Y
Address Map
CA
Ontario
Orillia
L3V 3Y2
Bayview
380
0
W80° 36' 29.4''
N44° 36' 19.5''
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IPRO REALTY LTD.
50
2023-11-03 13:48:53.0
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Investment For Sale

380 Bayview Pkwy, Orillia, Ontario L3V 3Y2

  • Visits : 30 in 381 days
$1,450,000
Listing ID#S7001510
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : S7001510
Price : $1,450,000
Year Built : 0
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Firas Al-Rifay
Ontario Real Estate @JDF Realty.LTD Brokerage
Ontario Real Estate @JDF Realty.LTD Brokerage
999 Edgeley Blvd. Units 5-6 Vaughan, Ontario, Canada L4K 4R7
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