92 Mary Street Orillia, Ontario L3V 3E2
$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
Theresa Coulson
Broker of Record
www.theresacoulson.com
www.facebook.com/orilliainvestorproperties/
3880 Carlyon Line
Severn, Ontario L3V 0W8
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May 20 2022 07:32:44
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