246 MISSISSAGA Street W , Orillia , Ontario , L3V 3B5

Listing ID :40270503

$2,195,000.00

246 MISSISSAGA Street W , Orillia , Ontario , L3V 3B5

Property Type
Multi-family
Building Type
Fourplex
Storeys
2
Title
Freehold
Land Size
under 1/2 acre
Parking Type
NA
Year Built
NA

Description

Fully updated, turn-key 4-plex in Orillia. Amazing investment opportunity! One 3 bed unit & three 2 bed units to maximize rental income. All units are completely separate (no common space for the landlord to manage/pay for). Current rents are Unit #1 $2,500/mo.+, Unit #2 Vacant, Unit #3 $2,400/mo.+, Unit #4 Vacant. Vacant units allow you to continue to set current market rents! Each apartment is bright and has been renovated and has its own separate entrance. Large parking lot provides parking spaces for each unit. Mature trees provide shade in the summer. In-suite laundry in each unit + extra laundry unit in basement. Great central location close to all amenities - bus transit, parks, hospital & shopping, and waterfront. Updated hydro, heat and water systems all separately metered. Estimated annual rents are $107,400. Tenants pay all utilities (heat, hydro, water). Definitely worth booking a showing to check this one out! (id:50638)

Details

AccessType
Highway access
Appliances
NA
Features
Park/reserve, Beach, Paved driveway, Sump Pump
Parking Type
NA
Rental Equipment
Water Heater
Structure
NA
Waterfront
NA
WaterFrontName
NA

Building

Bathrooms (Partial)
NA
Bathrooms (Total)
5
Bedrooms - Above Grade
NA
Bedrooms - Below Grade
NA
Exterior Finish
Vinyl siding
Fireplace Type
NA
Floor Space
2991.0000
Flooring
NA
Foundation Type
Stone
Heating Fuel
Natural gas
Heating Type
Baseboard heaters, Forced air, Hot water radiator heat, Heat Pump
Rental Equipment
Water Heater
Style
NA
Utility Sewer
Municipal sewage system
Water
Municipal water

Land

Landscape Features
NA

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