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246 Mississaga Street W Orillia, Ontario L3V 3B5

11 Bedroom 5 Bathroom 3280
Wall Unit Baseboard Heaters, Forced Air, Hot Water Radiator Heat, Heat Pump

$1,950,000

Fully updated, turn-key 4-plex in Orillia. Amazing investment opportunity! One x 2 bed unit & three x 3 bed units to maximize rental income. All units are completely separate (no common space for the landlord to manage/pay for). Market rents have been placed and screened by professional rental agency: Current rents are Unit #1 $2,150/mo.+, Unit #2 $1,900, Unit #3 $2,400/mo.+, Unit #4 $1750/mo.+ Each apartment is bright and has been renovated with high end finishes and has its own separate entrance. Large parking lot provides parking spaces for each unit. Mature trees provide shade in the summer. In-suite laundry in each unit + extra laundry unit in basement. Great central location close to all amenities - bus transit, parks, hospital & shopping, and waterfront. Updated hydro, heat and water systems all separately metered. Annual rents are $98,400. Tenants pay all utilities (heat, hydro, water). Definitely worth booking a showing to check this one out! (id:35870)

Property Details

MLS® Number 40350915
Property Type Multi-family
Amenities Near By Beach, Hospital, Park, Place Of Worship, Public Transit, Shopping
Communication Type High Speed Internet
Community Features Community Centre
Equipment Type Water Heater
Features Park/reserve, Beach, Paved Driveway, Sump Pump
Parking Space Total 6
Rental Equipment Type Water Heater

Building

Bathroom Total 5
Bedrooms Total 11
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type Wall Unit
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Baseboard Heaters, Forced Air, Hot Water Radiator Heat, Heat Pump
Stories Total 2
Size Interior 3280
Type Fourplex
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Beach, Hospital, Park, Place Of Worship, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 165 Ft
Size Frontage 76 Ft
Size Total Text Under 1/2 Acre
Zoning Description R1-11

Utilities

Cable Available
Electricity Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/25080309/246-mississaga-street-w-orillia

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