Property Details

246 MISSISSAGA Street W, Orillia, Ontario, L3V3B5

246 MISSISSAGA Street W, Orillia, Ontario, L3V3B5 (ID 40270503)
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website

$2,195,000 - For sale

ID#:40270503

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:2471)

Location DescriptionHighway 11 to exit 131A (ON-12). At lights, continue straight onto Mississaga. Follow and take fork right to stay on Mississaga. 246 Mississaga will be about 1KM down on the left, between Douglas and Frederick streets.

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Property Details
  • Property Address:246 MISSISSAGA Street W, Orillia, Ontario, L3V3B5
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Highway access
  • Parking Space Total:6
Structure Details for 246 MISSISSAGA Street W, Orillia, Ontario, L3V3B5
  • Structure Style:Fourplex
  • Bedrooms:11
  • Bathrooms:5
  • Floor Space:2991
  • Heating Type:Natural gas, Baseboard heaters, Forced air, Hot water radiator heat, Heat Pump
  • Storeys:2
  • Basement Type:Full (Unfinished)
  • Foundation Type:Stone
  • Cooling Type:Wall unit
  • Rental Equipment:Water Heater
  • Exterior Type:Vinyl siding
Amenities for 246 MISSISSAGA Street W, Orillia, Ontario, L3V3B5 Park/reserve, Beach, Paved driveway, Sump Pump, Community Centre
  • Amenities Nearby:Beach, Hospital, Park, Place of Worship, Public Transit, Shopping
Representative
Sutton - Choice Real Estate Inc., Brokerage
Office
Tel: (705) 223-9595
Website
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Listing Office: CENTURY 21 B.J. ROTH REALTY LTD., BROKERAGE, ORILLIA - UNIT B

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246 MISSISSAGA Street W, Orillia, Ontario, L3V3B5

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