560 West Street S Orillia, Ontario L3V 5H6
$2,000,000
$105K/unit at a 7.8% cap rate on a massive 38,353 sq. ft. lot. Features include 25 on-site parking spots and shared laundry facilities. Built with Concrete/block construction with a pitched steel roof for long-term durability. Located steps from Lake Simcoe and just a 5-minute drive to Hwy 11 and Costco. Strong upside on rent roll in a supply-constrained rental market. Legal non conforming building. (id:53086)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | S12285986 |
| Property Type | Multi-family |
| Community Name | Orillia |
Building
| Appliances | Dryer, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 15,000 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 178 Ft ,7 In |
| Size Frontage | 216 Ft ,1 In |
| Size Irregular | 216.15 X 178.6 Ft |
| Size Total Text | 216.15 X 178.6 Ft |
| Zoning Description | C3 |
https://www.realtor.ca/real-estate/28607590/560-west-street-s-orillia-orillia
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
July 15 2025 06:40:33
Toronto Regional Real Estate Board
Mysak Realty Inc.