19 South Street S Orillia, Ontario L3V 3T1

3 Bedroom 3 Bathroom 3,243 ft2
Baseboard Heaters

$949,900

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. (id:53086)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number S12260484
Property Type Multi-family
Community Name Orillia
Amenities Near By Highway, Public Transit
Parking Space Total 7

Building

Bathroom Total 3
Bedrooms Total 3
Age 51 To 99 Years
Appliances Water Heater
Heating Type Baseboard Heaters
Size Exterior 3243 Sqft
Size Interior 3,243 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Size Depth 107 Ft
Size Frontage 75 Ft
Size Irregular Bldg=75 X 107 Ft
Size Total Text Bldg=75 X 107 Ft
Zoning Description R1

https://www.realtor.ca/real-estate/28554066/19-south-street-s-orillia-orillia