$1,200,000
Available - For Sale
Listing ID: S9362773
265 Barrie Rd , Orillia, L3V 2R4, Ontario
| 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: | $10073.33 |
| 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: | 87.00 x 247.00 (Feet) |
| Directions/Cross Streets: | Barrie Rd & Westmount |
| Category: | Apartment |
| Use: | Apts-2 To 5 Units |
| Building Percentage: | Y |
| Total Area: | 3700.00 |
| 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 |
| Heat Expenses: | $5000 |
| Hydro Expense: | $0 |
| Water Expense: | $1600 |
| Gross Income/Sales: | $63118 |
| Expenses Actual/Estimated: | $Act |
| Washrooms: | 5 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | N |
| Water: | Well |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CRESCENT REAL ESTATE INC. |
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HANIF ARKIAN
Broker
Dir:
416-871-6060
Bus:
416-798-7777
Fax:
905-660-5393
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Lot Size: | 87.00 x 247.00(Feet) |
| Tax: | $10,073.33 |
| Maintenance Fee: | $1,200 |
| Baths: | 5 |
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