Overview
|Description
Turnkey bungalow-style triplex in central Orillia offering strong cash flow and flexibility. Two units recently renovated with significant investment, providing modern finishes and low near-term maintenance. Two units currently rented, generating immediate income. Third unit is vacant and market-ready, with projected rent of $2,300/month, ideal for setting market rent or owner occupancy. List price of $899,999 supports a high cap rate, making this an excellent opportunity for investors or first-time buyers looking to live in one unit while renting the others to offset mortgage costs. Features include separate entrances to all units, private parking, and a durable metal roof. Conveniently located near downtown, hospital, shopping, and amenities. A rare chance to secure a solid income property with upside in a growing market.
Additional Details
- Roof: Other
- Sewer: None
- Cooling: None
- County: Simcoe
- Property Type: Residential
- Pool: None
- Parking: Lane
- Architectural Style: Bungalow-Raised
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