113 Colborne Street E Orillia, Ontario L3V 1V2
$699,900
Prime Real Estate Opportunity! 3-plex in the heart of Orillia within walking distance to the waterfront, downtown shops and restaurants. The main floor 1 bedroom unit is owner-occupied and will be vacant on possession. The upper level two bedroom unit is vacant allowing you to tenant at market rent and the main floor studio is currently tenanted, generating approximately $1200(inclusive) per month with an A+ tenant who must be assumed. Here's your opportunity to live in one unit and have the other units help pay your mortgage. Or add to your investment portfolio as a rental property. Upgrades include: Metal roof (2020), High Eff Napoleon Furnace (2020), new flooring upper level unit, some windows replaced. The downtown waterfront redevelopment really does make this a prime investment opportunity! Property being sold As Is, with no representation or warranty by Seller. (id:48303)
Property Details
| MLS® Number | 40375997 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Community Features | Community Centre, School Bus |
| Equipment Type | None |
| Features | Park/reserve, Crushed Stone Driveway |
| Rental Equipment Type | None |
| Structure | Porch |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 3 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Brick, Wood |
| Fire Protection | Smoke Detectors, Security System |
| Fixture | Ceiling Fans |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1700 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 103 Ft |
| Size Frontage | 32 Ft |
| Size Irregular | 0.075 |
| Size Total | 0.075 Ac|under 1/2 Acre |
| Size Total Text | 0.075 Ac|under 1/2 Acre |
| Zoning Description | C4i |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/25389864/113-colborne-street-e-orillia
Interested?
Contact us for more information
684 Veteran's Drive Unit: 1a
Barrie, Ontario L9J 0H6
(705) 797-4875
(705) 726-5558
www.rightathomerealty.com/
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May 31 2023 10:16:32
Barrie & District Association of REALTORS® Inc.
Right At Home Realty Brokerage