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55 Fittons Road E Orillia, Ontario L3V 2J2

4 Bedroom 2 Bathroom 1100 - 1500 sqft
Central Air Conditioning Forced Air

$649,900

City-approved, legal duplex offering two self-contained, move-in ready units (up/down) with private entrances - ideal for investors, multi-generational families or homeowners looking to offset mortgage costs. This brick & siding home with metal roof (2017) delivers immediate cash flow in a high-demand rental area. The upper unit features 3 bedrooms, an updated 3-pc bath (tub/shower combo), full kitchen and open-concept living/dining space. The bright lower unit offers 1 bedroom, 3-pc bath (shower), large above-grade windows, an efficient kitchen and cozy living/eating area. Both units have been freshly painted in calming neutrals & include recent updates to kitchens, baths, flooring, doors & trim. Additional features: forced-air gas furnace, central A/C, covered carport and parking for 3-4 vehicles. The fully fenced backyard backs onto the peaceful Couchiching Golf Course - offering green views, added privacy and regular wildlife sightings. Projected rental income (Orillia averages): 3-bedroom unit: approx. $2,000-2,300/month. 1-bedroom unit: approx. $1,400-1,800/month. Total gross income: approx $38,400- 51,600/year. Located just 7 minutes to downtown Orillia & the marina, 15 mins to Casino Rama and 30 mins to two ski resorts. Enjoy beaches, year-round festivals, dining and recreation at your doorstep. A rare opportunity to secure a hands-off investment with great returns - or enjoy home ownership with a healthy built-in income stream. Be sure to view the 3D tour and slideshow below, then book your showing and discover the income potential and mortgage versatility this turnkey gem truly has to offer! (id:60365)

Property Details

MLS® Number S12287132
Property Type Single Family
Community Name Orillia
AmenitiesNearBy Public Transit, Schools, Golf Nearby
CommunityFeatures School Bus
Features Guest Suite, In-law Suite
ParkingSpaceTotal 4

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsTotal 4
Age 51 To 99 Years
Appliances Water Heater, Water Meter, All, Dryer, Washer
BasementFeatures Apartment In Basement, Separate Entrance
BasementType N/a
ConstructionStyleAttachment Semi-detached
ConstructionStyleSplitLevel Backsplit
CoolingType Central Air Conditioning
ExteriorFinish Brick, Aluminum Siding
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 1100 - 1500 Sqft
Type House
UtilityWater Municipal Water

Parking

Carport
No Garage

Land

Acreage No
FenceType Fenced Yard
LandAmenities Public Transit, Schools, Golf Nearby
Sewer Sanitary Sewer
SizeDepth 200 Ft ,4 In
SizeFrontage 35 Ft
SizeIrregular 35 X 200.4 Ft
SizeTotalText 35 X 200.4 Ft
ZoningDescription R2

Rooms

Level Type Dimensions
Lower Level Bathroom 3.02 m x 1.22 m
Lower Level Laundry Room 3.02 m x 2.42 m
Lower Level Living Room 4.32 m x 3.9 m
Lower Level Kitchen 3.4 m x 2.67 m
Lower Level Bedroom 4 4.06 m x 2.64 m
Main Level Living Room 4.64 m x 3.96 m
Main Level Dining Room 4.64 m x 3.04 m
Main Level Kitchen 3.48 m x 3.06 m
Upper Level Primary Bedroom 4.44 m x 3.18 m
Upper Level Bedroom 2 4.59 m x 3.04 m
Upper Level Bedroom 3 3.28 m x 3.09 m
Upper Level Bathroom 2.68 m x 2.28 m

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28610121/55-fittons-road-e-orillia-orillia

Sue Nori
Salesperson


One Percent Realty Ltd.
300 John St Unit 607
Thornhill, Ontario L3T 5W4

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