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246 Mississaga St W Orillia, Ontario L3V 3B5

$2,195,000

Property Type Multi-family - Multi-Family
Last Updated 14 July 2022
Bedrooms
Bathrooms
Community Orillia
MLS® Number S5654096
Stories Total
Fully Air Conditioned

Property Description

Fully Updated, Turn-Key 4-Plex In Orillia. Amazing Investment Opportunity! Onex3 Bed Unit & Threex2 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!**** EXTRAS **** Full Legal Description: Part Lots 205 And 206 N/S Mississaga Street Plan 392 Orillia, As In Ro1155066 Except Part 1 On Plan 51R42960 City Of Orillia Heat Type: Baseboard, Forced Air, Gas, Gas Hot Water, Heat Pump (id:29277)



Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number :
S5654096
Property Type :
Multi-family
Community Name :
Orillia
Amenities Near By :
Highway, Public Transit

Building

Cooling Type :
Fully Air Conditioned
Fireplace Present :
No
Size Exterior :
3760 Sqft
Size Interior :
3760 Sqft
Type :
Multi-family
Utility Water :
Municipal Water

Land

Acreage
No
Land Amenities
Highway, Public Transit
Size Irregular
Bldg=75 X 165 Ft
Size Total Text
Bldg=75 X 165 Ft

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Price History

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Date Price Event
14 July 2022 $2,195,000 List last updated
XX/XX/XX $ XXXXXX XXXXXXXX
XX/XX/XX $ XXXXXX XXXXXXXX

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