$429,900

242 Front Street S

Orillia ON, L3V 4T2

Description

LEGAL, purpose built duplex, separate meters, roof re -shingled 2016, energy efficiency upgrades in 2016. R -60 insulation in attic, all windows replaced except front ones, wall heat pump air exchange for a/c . 200 amp service with separate 100 amp panels . both units have the same spacious layout- large living room and kitchens, large windows, two bedrooms, 4 piece bathrooms & in-suite laundry rooms. see floor plans. A great rental location - walking distance to trails, new rec center, Lake, Downtown, shopping and dining. Investors a great opportunity for increasing its value. average market rents for this type of apartment in Orillia are approximately $1500 a month. R3 zoning allows more units.(buyer to do own due diligence regarding building permits for additions) If your a First time Buyer you can Live in main floor, enjoy the private fenced back yard and rent the lower unit to help with your mortgage (lower unit pays $1100.00 a month plus hydro) The Seller will hold a 1st mortgage; ask listing agent for terms. due to tenant occupancy showing's are limited to Wednesday evenings and weekends with 24 hours notice required. Call Listing agent for more details .

Details

MLS#40031089
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1988
Days On Site17

Features

SQ Feet1,858
Units2
Building(s)1
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Area Information
ProvinceON
CountySimcoe County
CityOrillia
Postal CodeL3V 4T2
AreaOrillia
Listing VS Median (in L3V 4T2)
Price:
$429,900
low | high
Med:
$429,900
50% of Average
SqFt:
1,858
low | high
Med:
929
100% of Average
$ / SqFt:
$231
low | high
Med:
$116
100% of Average
On Site:
17
low | high
Med:
17
100% of Average
Listing Updated: 10/23/2020
Theresa Coulson LogoMLS Number: 40031089
Listing Provided By:
Theresa Coulson  of  Century 21 B.J. Roth Realty Ltd. Brokerage
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