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$ 1,200,000
Est. payment /mo
Active
265 Barrie RD Orillia, ON L3V 2R4
5 Baths
3,700 SqFt
UPDATED:
10/03/2024 01:04 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $324
MLS Listing ID S9362773
Annual Tax Amount $10,073
Tax Year 2024
Property Description
Buy with as little as 5% down! Introducing your next lucrative investment opportunity! This charming 5-unit multiplex in the heart of Orillia offers an incredible chance for seasoned investors and newcomers looking to expand their portfolio. All units feature spacious two-bedroom, one-bathroom units and in-unit laundry. There is significant potential for increased rental rates compared to the current market. Sitting on a half-acre lot, there is potential to expand the existing building and/or add more suites.
Location
State ON
County Simcoe
Community Major Highway, Public Transit
Area Orillia
Rooms
Kitchen 5
Interior
Heating Yes
Cooling No
Exterior
Garage Spaces 10.0
Community Features Major Highway, Public Transit
Utilities Available Yes
Parking Type None
Listed by CRESCENT REAL ESTATE INC.