560 West Street S Orillia, Ontario L3V 5H6
$2,000,000
$105K/unit at a 7.8% cap rate on a massive 38,353 sq. ft. lot. Features include 25 on-site parking spots and shared laundry facilities. Built with Concrete/block construction with a pitched steel roof for long-term durability. Located steps from Lake Simcoe and just a 5-minute drive to Hwy 11 and Costco. Strong upside on rent roll in a supply-constrained rental market. Legal non conforming building. (id:60365)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | S12285986 |
| Property Type | Multi-family |
| Community Name | Orillia |
Building
| Appliances | Dryer, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingType | Baseboard Heaters |
| SizeInterior | 15000 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 178 Ft ,7 In |
| SizeFrontage | 216 Ft ,1 In |
| SizeIrregular | 216.15 X 178.6 Ft |
| SizeTotalText | 216.15 X 178.6 Ft |
| ZoningDescription | C3 |
https://www.realtor.ca/real-estate/28607590/560-west-street-s-orillia-orillia
Samuel Ius
Salesperson
2358-A Bloor Street West
Toronto, Ontario M6S 1P3
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July 15 2025 06:40:33
Toronto Real Estate Board
Mysak Realty Inc.
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