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31 Mississaga St W Orillia, Ontario L3V 3A5

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5224 sqft
Fully Air Conditioned Baseboard Heaters

$1,195,000

Top 5 Reasons You Will Love This Property: 1) Rare opportunity to own a renovated and turn-key, multi-unit commercial building in the heart of Orillia's blossoming downtown 2) Enjoy a cap rate over 6% with five fully tenanted units, including two commercial spaces on the main level, one being a laundromat and the other being a clothing store 3) Three modernized and updated, two-bedroom residential units with an additional long-term revenue upside 4) Recent updates include a TPO roof, copper and pex plumbing throughout, and $581/month increased NOI 5) Directly across the street from the Orillia Public Library and Opera House in one of Orillia's most coveted downtown neighbourhoods. 5,816 fin.sq.ft. Age 104. Visit our website for more detailed information. (id:50638)

Property Details

MLS® Number S7315960
Property Type Multi-family
Community Name Orillia
Amenities Near By Public Transit
Parking Space Total 3

Building

Cooling Type Fully Air Conditioned
Heating Type Baseboard Heaters
Size Interior 5224 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Irregular 26.62 X 137.7 Ft
Size Total Text 26.62 X 137.7 Ft

https://www.realtor.ca/real-estate/26302937/31-mississaga-st-w-orillia-orillia