**Legal Triplex with Potential for 35%+ R.O.I. [see Financials Sheet]**Brand New Basement Apartment**Newly Renovated 2BR Unit with Newer Windows and Doors**Across from Hospital**Great CAP Rate** Steps Away From Lake, Beach, Parks, and Beautiful Downtown Orillia**1 x 2Bed 1Bath, 2 x 1Bed 1Bath Units**Large Lot with Room for Garage or Accessory Building in the Backyard**Parking for 4+ Vehicles**4-minute Drive to Highways 11 & 12**HC2 is One of the Most Flexible Zonings in Orillia which allows for Many Uses (see attachment)**Projected Income $5,000+ **** EXTRAS **** 3 Fridges, 3 Stoves, Stacked Shared Laundry Set & all Existing Light Fixtures. 2 Separate Panels and Meters. Seller willing to install Separating Door from Basement to Laundry Area. (id:4069)
Address |
143 COLBORNE STREET W |
List Price |
$698,900 |
Property Type |
Single Family |
Type of Dwelling |
Triplex |
Area |
Ontario |
Sub-Area |
Orillia |
Bedrooms |
4 |
Bathrooms |
3 |
Lot Size |
50 x 90 FT Sq. Ft. |
MLS® Number |
S8402810 |
Listing Brokerage |
RE/MAX PREMIER INC.
|
Basement Area |
N/A (Finished) |
Postal Code |
L3V5B8 |
Zoning |
HC2 Health Care Two (see attachment) |
Site Influences |
Hospital, Public Transit, Place of Worship |
Features |
Level lot |