$1,065,000 $5,717 est/mo Sourced by Back At You

31 Frederick Street,Orillia, ON L3V 5W5

Orillia ON, L3V 5W5

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Description

This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7 separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy.

Details

MLS#40548627
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site84
Listing Provided ByREVEL Realty Inc. Brokerage | Samantha Wallace

Features

SQ Feet3,175
BasementY
Story(s)2
ZoningHC2
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 4 minutes ago
ProvinceON
CountySimcoe County
CityOrillia
Postal CodeL3V 5W5
AreaOrillia
SubareaSouth Ward
Community NameSouth Ward
Listing VS Median (in South Ward)
Price:
$1,065,000
low | high
Med:
$649,950
88.971830985915% of Average
SqFt:
3,175
low | high
Med:
1,559
100% of Average
$ / SqFt:
$335
low | high
Med:
$433
20.868539703956% of Average
On Site:
84
low | high
Med:
263.500000
31.878557874763% of Average
Sourced by Back At You
Listing Updated: May 26, 2024 at 7:45:27 PM PDT