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$2,000,000
Available - For Sale
Listing ID: S12285986
$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.
Price $2,000,000
Taxes: $29,990
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 560 West Stre South , Orillia, L3V 5H6, Simcoe
Postal Code: L3V 5H6
Province/State: Simcoe
Directions/Cross Streets: West St S/Hwy 12
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: 15,000
Total Area Code:  Square Feet
Maintenance: 0
Water Expense: $7019
Expenses Actual/Estimated: $Est
Heat Type: Baseboard
Central Air Conditioning: Yes
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Interest Rate: %  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MYSAK REALTY INC.

560 West Stre South , Orillia, L3V 5H6, Simcoe


 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: x 178.60(Feet)
Approximate Age:
Tax: $29,990
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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