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Orillia,ON L3V 3T1
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,243 sqft
Price per Sqft $292
Subdivision Orillia
MLS Listing ID S12260484
Bedrooms 3
Building Age 51-99
Annual Tax Amount $4,762
Tax Year 2025
Property Sub-Type Investment
Property Description
Solid investment opportunity in a great, well-established Orillia neighborhood! This well-maintained, legal triplex offers immediate returns and value-add potential. The upper level features two spacious one-bedroom units both freshly painted, modern bathrooms, updated flooring and move-in ready! Both units are vacant, you can customize your rental strategy, or occupy personally. The main floor includes a third one-bedroom unit, occupied by an excellent long term tenant paying market rent. Also on the main level is a large storage space already roughed-in for conversion to a 4th rental unit, as well as a full utility room. 3 separate hydro meters and each unit has a private entrance with dedicated parking. Updated vinyl windows. Located close to transit, shopping, hospital, and parks, this is a high-demand area. Whether you're expanding your portfolio or securing your first investment property, this asset checks all the right boxes.
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Rooms
Kitchen 3
Interior
Cooling No
Exterior
Community Features Major Highway,Public Transit
Utilities Available Yes