$649,000
Available - For Sale
Listing ID: S13657948
116 Albert Street South , Orillia, L3V 5L2, Simcoe
| Top 5 Reasons You Will Love This Home: 1) Affordable investment property generating nearly $50,000 in annual income, offering an excellent opportunity for investors seeking strong returns 2) Legal triplex with numerous recent improvements including a new roof (2024), new eavestroughs (2025), two major suite modernizations completed in 2022 and 2025, and a new furnace (2026) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. |
| Price | $649,000 |
| Taxes: | $3326.00 |
| Occupancy: | Tenant |
| Address: | 116 Albert Street South , Orillia, L3V 5L2, Simcoe |
| Acreage: | < .50 |
| Directions/Cross Streets: | Barrie Rd/Albert St S |
| Rooms: | 10 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Full, Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Kitchen | 10.82 | 8.69 | Eat-in Kitchen, Vinyl Floor, Window |
| Room 2 | Main | Living Ro | 10.2 | 7.28 | Vinyl Floor, Open Concept |
| Room 3 | Main | Bedroom | 10.89 | 7.15 | Vinyl Floor, Closet, Window |
| Room 4 | Main | Kitchen | 19.48 | 12.96 | Eat-in Kitchen, Vinyl Floor, Window |
| Room 5 | Main | Den | 8.76 | 5.18 | Vinyl Floor, Closet, Window |
| Room 6 | Main | Bedroom | 11.68 | 10.2 | Vinyl Floor |
| Room 7 | Upper | Kitchen | 11.05 | 9.48 | Eat-in Kitchen, Laminate |
| Room 8 | Upper | Living Ro | 16.4 | 11.09 | Laminate, Closet, W/O To Balcony |
| Room 9 | Upper | Bedroom | 13.58 | 9.18 | Laminate, Window |
| Room 10 | Upper | Bedroom | 9.28 | 7.05 | Laminate, Window |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Upper |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 100+ |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private Tr |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private Tr |
| Park #2 | |
| Parking Type: | Private Tr |
| Pool: | None |
| Approximatly Age: | 100+ |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Public Trans, School Bus Route |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| FARIS TEAM REAL ESTATE BROKERAGE |
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Ali Shahpazir
Sales Representative
Dir:
416-473-8225
Bus:
416-473-8225
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Style: | 2-Storey |
| Approximate Age: | 100+ |
| Tax: | $3,326 |
| Beds: | 4 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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