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92 Mary Street Orillia, Ontario L3V 3E2

9 Bedroom 8 Bathroom 5560
None Hot Water Radiator Heat

$1,400,000

Awesome opportunity in prime location, across from Victoria park, walk downtown to Orillia's beautiful waterfront with Marina, beaches & trails. 8 units in this charming century home. 4 in the original house and 4 in the addition. Fire-coded, new shingles, coin laundry, gas hot water heat. Perfect for those wanting a property with an upside. With tenant turnover & some updates you could increase the value greatly and refinance. Recognized 7 plex with a 8th non-conforming unit. Gross income $87,672.00. Expenses hydro 4880.water 4860, taxes 11919. Orillia is one of Canada's top rated cities to invest in. It has higher-than-average population growth rate (7%) thanks to major employers like OPP & Hydro One, a growing education sector (Lakehead University & Georgian College) & Upgraded infrastructure & Fibre Optics. Amazing Downtown & Waterfront. Located in the heart of Ontarios recreation district. It offers all major amenities, multiple tourist events, hiking, biking, boating, skiing, camping, private airports, Casino Rama and all only 1 hr from GTA. It s a winning combination especially for those looking to buy and hold. IT has potential to be very upscale short term rental or AIR bnb. Tenants are month to month. For more info floor plans contact listing agent (id:49800)

Property Details

MLS® Number 40253226
Property Type Multi-family
Amenities Near By Beach, Golf Nearby, Hospital, Marina, Place Of Worship, Playground, Public Transit, Schools, Shopping, Ski Area
Communication Type High Speed Internet
Community Features School Bus
Equipment Type Water Heater
Features Golf Course/parkland, Beach, Paved Driveway, Laundry- Coin Operated
Parking Space Total 7
Rental Equipment Type Water Heater
Structure Porch

Building

Bathroom Total 8
Bedrooms Total 9
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1900
Cooling Type None
Exterior Finish Brick, Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Stone
Heating Type Hot Water Radiator Heat
Stories Total 2
Size Interior 5560
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Beach, Golf Nearby, Hospital, Marina, Place Of Worship, Playground, Public Transit, Schools, Shopping, Ski Area
Sewer Municipal Sewage System
Size Frontage 182 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/24366171/92-mary-street-orillia

Interested?

Contact us for more information


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Theresa Coulson
Broker of Record

(705) 323-7673
www.theresacoulson.com
www.facebook.com/orilliainvestorproperties/

Simcoe Hills Real Estate Inc. Brokerage
3880 Carlyon Line
Severn, Ontario L3V 0W8

(705) 325-6262
https://simcoehillsrealestate.com/

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