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$877,000
Available - For Sale
Listing ID: S12821878
Residential property with three self-contained units. Solid brick 1/2 story home in prime Orillia North Ward, steps from the Lake Couchiching. Legal duplex with 3 separate units, each with its own kitchen and bathroom with a total of 6 bedrooms, 3 bathrooms, 3 kitchens, 2 laundries. 3 bedroom unit on the main floor with its own washer/dryer, 1 bedroom unit upstairs, and 2 bedroom unit in the basement with its own washer/dryer. Live on the main floor and rent the other 2 units, or buy it as a pure income property. All units recently renovated. Fully fenced and gated backyard with a 3 car detached garage 31 x 29 ft with separate 9 ft doors and ample of parking. Steps to schools, Couchiching Golf Course, and the lake. Easy access to Hwy 11. Great cash flow: Basement rented for $1,995, upstairs for $1,250, main floor was rented for $2,200 and currently vacant. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Possibility to build 2 more units (2 garden suites) on top of the garage. Seller can assist with permits and construction. Recent updates: steel roof, furnace, air conditioner, some windows, hot water heater, electrical service. Pictures taken before tenants moved in and digitally modified to remove personal items.
Price $877,000
Taxes: $2,706
Tax Type: Annual
Occupancy by: Tenant
Address: 17 Champlain Street , Orillia, L3V 2G6, Simcoe
Postal Code: L3V 2G6
Province/State: Simcoe
Legal Description: PT LT 2 E/S WEST ST PL 161 SOUTH ORILLIA
Directions/Cross Streets: Hwy 11/West St
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 7,724
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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REMAX YOUR COMMUNITY REALTY

17 Champlain Street , Orillia, L3V 2G6, Simcoe

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: x 154.48(Feet)
Approximate Age:
Tax: $2,706
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908