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$ 2,299,000
Est. payment | /mo
15 Beds
8 Baths
3,500 SqFt
$ 2,299,000
Est. payment | /mo
15 Beds
8 Baths
3,500 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $656
Subdivision Orillia
MLS® Listing ID S12323957
Bedrooms 15
Source Toronto Regional Real Estate Board
Property Description
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:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 9
Private Pool No
Building
Story 2.5
Sewer Sanitary sewer
Listed by ED LOWE LIMITED
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada