| Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find. |
| Price | $950,000 |
| Taxes: | $5853.00 |
| Occupancy: | Tenant |
| Address: | 199 Nottawasaga Street , Orillia, L3V 3K2, Simcoe |
| Directions/Cross Streets: | Nottawasaga St/Cameron St |
| Rooms: | 14 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Other |
| Level/Floor | Room | Length(m) | Width(m) | Descriptions | |
| Room 1 | Second | Primary B | 3.75 | 2.71 | Laminate, Closet, Window |
| Room 2 | Second | Bedroom 2 | 3.76 | 2.7 | Laminate, Closet, Window |
| Room 3 | Second | Kitchen | 4.82 | 2.72 | Laminate, Window |
| Room 4 | Second | Bathroom | 2.69 | 1.81 | Ceramic Floor, Window, 4 Pc Bath |
| Room 5 | Third | Loft | 3.22 | 8.52 | Laminate, Window |
| Room 6 | Second | Kitchen | 4.85 | 1.76 | Laminate |
| Room 7 | Second | Living Ro | 2.21 | 7.77 | Laminate, Window |
| Room 8 | Second | Bedroom 3 | 3.75 | 2.93 | Laminate, Window, Closet |
| Room 9 | Second | Bedroom 4 | 3.42 | 4.87 | Laminate, Window, Closet |
| Room 10 | Second | Bathroom | Ceramic Floor, 4 Pc Bath | ||
| Room 11 | Main | Kitchen | 2.04 | 2.71 | Laminate, Window |
| Room 12 | Main | Living Ro | 3.28 | 3.07 | Ceramic Floor, Combined w/Living, W/O To Deck |
| Room 13 | Main | Bedroom 5 | 2.54 | 2.84 | Laminate, Window, Closet |
| Room 14 | Main | Bathroom | 1.61 | 2.59 | Ceramic Floor, Window, 4 Pc Bath |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Upper |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | 2 1/2 Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 5 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 2000-2500 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | Y |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CASMIR REALTY |
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| Book Showing | Email a Friend |
| Type: | Freehold - Triplex |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Style: | 2 1/2 Storey |
| Tax: | $5,853 |
| Beds: | 5 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |