Property Description

Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia’s Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas – electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord’s storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants.

Features
: Forced Air
: None
: Y
Address Map
CA
Ontario
Orillia
L3V 1S1
ELGIN
53
0
W80° 35' 5.8''
N44° 36' 25.4''
More info
Century 21 B.J. Roth Realty Ltd., Brokerage, Orill
55
2024-11-21 12:35:01.0
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Investment For Sale

53 ELGIN St, Orillia, Ontario L3V 1S1

  • Area: 2,005 Sqft
  • Visits : 1 in 1 days
$719,900
Listing ID#S10439217
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Basic Details
Property Type : Investment
Listing Type : For Sale
Listing ID : S10439217
Price : $719,900
Area : 2,005 Sqft
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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