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82 Fittons Road E Orillia, Ontario L3V 2J5

15 Bedroom 8 Bathroom 3500 - 5000 sqft
Central Air Conditioning Forced Air

$2,299,000

Turn-key investment property! Excellently maintained, purpose built, legal 8 unit apartment building. Located in northern Orillia in a quiet, well established neighborhood close to all amenities. Built in 2016 this 8-plex has 7, 2 bedroom units and 1, 1 bedroom units. Strong rents which are mostly close to market value this property is approximately a 5.31% return on cash investment. Very little maintenance required, generally fairly hands off property. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 8 parking spots and 1 handicapped parking spot. Do not go direct or bother tenants. Financials available upon inquiry. Buyer or their agent to verify that financials provided are true and accurate. (id:60365)

Property Details

MLS® Number S12323957
Property Type Multi-family
Community Name Orillia
ParkingSpaceTotal 9

Building

BathroomTotal 8
BedroomsAboveGround 15
BedroomsTotal 15
Appliances Water Heater, Stove, Washer, Refrigerator
CoolingType Central Air Conditioning
ExteriorFinish Brick Veneer
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 94 Ft ,3 In
SizeFrontage 110 Ft
SizeIrregular 110 X 94.3 Ft
SizeTotalText 110 X 94.3 Ft|under 1/2 Acre
ZoningDescription R5i(h1)

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28689257/82-fittons-road-e-orillia-orillia

Mike Kane
Salesperson


Ed Lowe Limited
47 Mills Road #6
Barrie, Ontario L4N 6H4

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