246 Mississaga Street W Orillia, Ontario L3V 3B5
$2,195,000
Fully updated, turn-key 4-plex in Orillia. Amazing investment opportunity! One 3 bed unit & three 2 bed units to maximize rental income. All units are completely separate (no common space for the landlord to manage/pay for). Current rents are Unit #1 $2,500/mo.+, Unit #2 Vacant, Unit #3 $2,400/mo.+, Unit #4 Vacant. Vacant units allow you to continue to set current market rents! Each apartment is bright and has been renovated and has its own separate entrance. Large parking lot provides parking spaces for each unit. Mature trees provide shade in the summer. In-suite laundry in each unit + extra laundry unit in basement. Great central location close to all amenities - bus transit, parks, hospital & shopping, and waterfront. Updated hydro, heat and water systems all separately metered. Estimated annual rents are $107,400. Tenants pay all utilities (heat, hydro, water). Definitely worth booking a showing to check this one out! (id:39925)
Property Details
| MLS® Number | 40270503 |
| Property Type | Multi-family |
| Amenities Near By | Beach, Hospital, Park, Place Of Worship, Public Transit, Shopping |
| Communication Type | High Speed Internet |
| Community Features | Community Centre |
| Equipment Type | Water Heater |
| Features | Park/reserve, Beach, Paved Driveway, Sump Pump |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 5 |
| Bedrooms Total | 11 |
| Basement Development | Unfinished |
| Basement Type | Full (unfinished) |
| Cooling Type | Wall Unit |
| Exterior Finish | Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Foundation Type | Stone |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters, Forced Air, Hot Water Radiator Heat, Heat Pump |
| Stories Total | 2 |
| Size Interior | 2991 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Land
| Access Type | Highway Access |
| Acreage | No |
| Land Amenities | Beach, Hospital, Park, Place Of Worship, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 165 Ft |
| Size Frontage | 76 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R1-11 |
Utilities
| Cable | Available |
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24505904/246-mississaga-street-w-orillia
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June 08 2022 08:38:21
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Century 21 B.j. Roth Realty Ltd., Brokerage, Orillia