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$1,200,000
Available - For Sale
Listing ID: S9362773
Introducing your next lucrative investment opportunity! This charming 5-unit multiplex in the heart of Orillia offers an incredible chance for seasoned investors and newcomers looking to expand their portfolio. All units feature spacious two-bedroom, one-bathroom units and in-unit laundry. There is significant potential for increased rental rates compared to the current market. Sitting on a half-acre lot, there is potential to expand the existing building and/or add more suites.
Extras:   All appliances in as-is condition
Price $1,200,000
Taxes: $10,073.33
Tax Type: Annual
Occupancy by: Tenant
Address: 265 Barrie Rd , Orillia, L3V 2R4, Ontario
Postal Code: L3V 2R4
Province/State: Ontario
Legal Description: Pt Lt 10 Con 4 South Orillia As In Ro100
Lot Size: 87 x 247 (Feet)
Directions/Cross Streets: Barrie Rd & Westmount
Zoning: RES
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 3,700
Total Area Code:  Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: Y
Chattels: N
Franchise: N
Taxes Expense: $10073
Insurance Expense: $4800
 Management Expense: 0
Maintenance: 1,200
 Heat Expenses: $5000
 Hydro Expense:  $0
Water Expense: $1600
Gross Income/Sales: $63118
Expenses Actual/Estimated: $Act
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Water: Well
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Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
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.
CRESCENT REAL ESTATE INC.

265 Barrie Rd , Orillia, L3V 2R4, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: 87.00 x 247.00(Feet)
Approximate Age:
Tax: $10,073.33
Maintenance Fee: $1,200
Beds:
Baths: 5
Garage: 0
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