$ 1,200,000
265 Barrie RD Orillia, ON L3V 2R4
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$ 1,200,000
Est. payment | /mo
5 Baths
3,700 SqFt
$ 1,200,000
Est. payment | /mo
5 Baths
3,700 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $324
MLS Listing ID S9362773
Annual Tax Amount $10,073
Tax Year 2024
Property Description
Buy with as little as 5% down! Introducing your next lucrative investment opportunity! This charming 5-unit multiplex in the heart of Orillia offers an incredible chance for seasoned investors and newcomers looking to expand their portfolio. All units feature spacious two-bedroom, one-bathroom units and in-unit laundry. There is significant potential for increased rental rates compared to the current market. Sitting on a half-acre lot, there is potential to expand the existing building and/or add more suites.
Location
Province ON
County Simcoe
Community Major Highway, Public Transit
Area Orillia
Rooms
Kitchen 5
Interior
Heating Yes
Cooling No
Exterior
Garage Spaces 10.0
Community Features Major Highway, Public Transit
Utilities Available Yes
Parking Type None
Listed by CRESCENT REAL ESTATE INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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