371 East St Orillia, Ontario L3V 4C6

10 Bedroom 4 Bathroom
Forced Air


This Property Is A Legal Fourplex That Generates A High Income Of Approximately $82800 Annually For The Owner. The Annual Expenses Are Roughly: Hydro 580/month Gas 360/month Water 320/month Insurance 500/month Tax 4800/year Maintenance 2000/year. Monthly rental income: Unit 1 $1,518 Unit 2 $1,600 Unit 3 $1,800 Unit 4 $1,900 The Location Of The Property Is Great And There Is A High Demand For Rentals In The Area. The Property Is Easy To Finance And Has A Walk Score Of 35 And A Bike Score Of 64. There Are A Total Of 10 Bedrooms In The Property And It Is Close To The Water And Downtown Area. Motivated Seller.**** EXTRAS **** Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses. (id:38729)

Property Details

MLS® Number S6013245
Property Type Single Family
Community Name Orillia
Parking Space Total 5


Bathroom Total 4
Bedrooms Above Ground 9
Bedrooms Below Ground 1
Bedrooms Total 10
Basement Features Apartment In Basement
Basement Type N/a
Exterior Finish Aluminum Siding, Vinyl Siding
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Fourplex


Acreage No
Size Irregular 44 X 115 Ft
Size Total Text 44 X 115 Ft



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