3 Bedroom
3 Bathroom
3000 - 3500 sqft
None
Baseboard Heaters
$849,900
Excellent investment opportunity in a highly sought-after Orillia neighbourhood. This well-maintained legal triplex offers immediate rental income along with future upside, including approved plans for a fourth unit with construction already underway. The upper level features two large, bright one-bedroom units, each with independant laundry capability, freshly painted interiors, updated flooring, and modern bathrooms. Both are vacant and move-in ready, ideal for optimizing rental strategy or owner occupancy. The main floor includes a third one-bedroom unit, currently occupied by a reliable long-term tenant at market rent, as well as a large storage area that is roughed-in and presents clear potential for conversion into a fourth unit (see attached plans). A full utility room adds further functionality. Additional highlights include an outbuilding for storage or future use, three separate hydro meters, private entrances, dedicated parking for each unit, updated vinyl windows, and a prime location close to shopping, transit, the hospital, and parks. Whether expanding an existing portfolio or entering the investment market, this property represents a versatile, income-producing asset in a strong and stable rental area. (id:63244)
Property Details
|
MLS® Number
|
S12721560 |
|
Property Type
|
Multi-family |
|
Community Name
|
Orillia |
|
Amenities Near By
|
Golf Nearby, Park, Place Of Worship, Schools, Hospital, Public Transit |
|
Parking Space Total
|
7 |
|
Structure
|
Shed, Outbuilding |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Age
|
51 To 99 Years |
|
Amenities
|
Separate Heating Controls, Separate Electricity Meters |
|
Appliances
|
Water Heater, Stove, Two Refrigerators |
|
Basement Type
|
None |
|
Cooling Type
|
None |
|
Exterior Finish
|
Aluminum Siding |
|
Foundation Type
|
Concrete |
|
Heating Fuel
|
Electric |
|
Heating Type
|
Baseboard Heaters |
|
Stories Total
|
2 |
|
Size Interior
|
3000 - 3500 Sqft |
|
Type
|
Triplex |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Partially Fenced |
|
Land Amenities
|
Golf Nearby, Park, Place Of Worship, Schools, Hospital, Public Transit |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
107 Ft |
|
Size Frontage
|
75 Ft |
|
Size Irregular
|
75 X 107 Ft |
|
Size Total Text
|
75 X 107 Ft |
|
Zoning Description
|
R2 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Kitchen |
3.51 m |
3.48 m |
3.51 m x 3.48 m |
|
Second Level |
Living Room |
4.65 m |
3.64 m |
4.65 m x 3.64 m |
|
Second Level |
Bedroom |
3.97 m |
3.48 m |
3.97 m x 3.48 m |
|
Second Level |
Kitchen |
3.51 m |
3.64 m |
3.51 m x 3.64 m |
|
Second Level |
Living Room |
3.99 m |
3.66 m |
3.99 m x 3.66 m |
|
Second Level |
Bedroom |
3.99 m |
3.48 m |
3.99 m x 3.48 m |
|
Main Level |
Utility Room |
4.83 m |
3.7 m |
4.83 m x 3.7 m |
|
Main Level |
Utility Room |
4.79 m |
3.7 m |
4.79 m x 3.7 m |
|
Main Level |
Kitchen |
2 m |
4.33 m |
2 m x 4.33 m |
|
Main Level |
Living Room |
5.29 m |
4.63 m |
5.29 m x 4.63 m |
|
Main Level |
Bedroom |
4.32 m |
2.96 m |
4.32 m x 2.96 m |
|
Main Level |
Utility Room |
9.72 m |
4.5 m |
9.72 m x 4.5 m |
Utilities
|
Cable
|
Installed |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29280542/19-south-street-orillia-orillia