This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy. |
Price | $999,900 |
Taxes: | $8319.22 |
Assessment: | $348000 |
Assessment Year: | 2024 |
Address: | 31 Frederick St , Orillia, L3V 5W5, Ontario |
Lot Size: | 60.00 x 146.54 (Feet) |
Directions/Cross Streets: | Frederick/Colborne St W |
Rooms: | 15 |
Bedrooms: | 2 |
Bedrooms +: | |
Kitchens: | 2 |
Family Room: | N |
Basement: | Part Fin |
Approximatly Age: | 100+ |
Property Type: | Triplex |
Style: | 2-Storey |
Exterior: | Vinyl Siding |
Garage Type: | None |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 10 |
Pool: | None |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 3000-3500 |
Property Features: | Beach, Hospital, Lake/Pond, Public Transit, School |
Fireplace/Stove: | N |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Elevator Lift: | N |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
REVEL REALTY INC. |
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Type: | Freehold - Triplex |
Area: | Simcoe |
Municipality: | Orillia |
Neighbourhood: | Orillia |
Style: | 2-Storey |
Lot Size: | 60.00 x 146.54(Feet) |
Approximate Age: | 100+ |
Tax: | $8,319.22 |
Beds: | 2 |
Baths: | 4 |
Fireplace: | N |
Pool: | None |