Nataly Perez Redondo
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Nataly Perez Redondo
  • Home
  • Real Estate Listings
    • Properties Half Map
    • Property Gallery List
  • York Region
    • Living in Vaughan
    • Living in Markham
    • Living in Richmond Hill
  • FAQs
  • Real Estate Blog
  • Contact
647-997-9321
My Favorites
Price Range
From $654,900.00 To $899,000.00
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Active Residential Triplex

199 Nottawasaga Street, Orillia, ON L3V 3K2

$950,000.00

199 Nottawasaga Street

17 Photos

Overview

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Property ID : S13739074
Bedrooms
5
Bathrooms
3

Description

Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.