371 EAST STREET, Orillia, Ontario, CA

Address: 371 EAST STREET, Orillia, Ontario

10 Beds4 Baths0 sqftStatus: Buy
Price $1,149,999

Property Overview


This Property Is A Legal Fourplex That Generates A High Income Of Approximately $82800 Annually For The Owner. The Annual Expenses Are Roughly: Hydro 580/month Gas 360/month Water 320/month Insurance 500/month Tax 4800/year Maintenance 2000/year. Monthly rental income: Unit 1 $1550, unit 2 $1650, unit 3 $1850, unit 4 $2000. The Location Of The Property Is Great And There Is A High Demand For Rentals In The Area. The Property Is Easy To Finance And Has A Walk Score Of 35 And A Bike Score Of 64. There Are A Total Of 10 Bedrooms In The Property And It Is Close To The Water And Downtown Area. Motivated Seller. **** EXTRAS **** Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses. (id:51532)

 

Tags




Property Summary
Property Type
Single Family
Building Type
Fourplex
Storeys
2
Community Name
Orillia
Land Size
44 x 115 FT
Building
Bedrooms
Above Grade
9
Below Grade
1
Bathrooms
Total
10
Interior Features
Basement Features
Apartment in basement
Basement Type
N/A
Building Features
Foundation Type
Concrete
Heating & Cooling
Heating Type
Forced air
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding, Vinyl siding
Parking
Total Parking Spaces
5
Land
Other Property Information
Zoning Description
R2
Features
           Apartment in basement
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Your Home Finance Calculation

Property Price CA $1,149,999
Bank Loan Amount CA $0
Monthly Installment CA $0

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