Nikolay and Tatiana Team

136 Barrie Road Orillia, Ontario L3V 2R1

4 Bedroom 2 Bathroom 1,100 - 1,500 ft2
None Forced Air

$499,999

Check out this great investment opportunity. Existing Legal duplex with 2 x 2 bedroom units, potential to create a smaller 3rd unit. Two existing apartments with separate hydro meters. Current building sits on a large in town double lot. Ideally located across the road from a large complex of rental units, with ongoing expansion. Great for Investors and Developers alike, to build and re-sell Or retain in your investment portfolio as ongoing Income property. Buy now with immediate Income and let the current Rental Income carry the costs, while City of Orillia processes for approvals takes place. Lots of potential for this property. Ideally located within close proximity and walking distance to the hospital, quaint downtown Orillia offering cafes, restaurants, banks and shopping, and within a few steps to the new Orillia Recreation Centre. Orillia is quickly growing, why not become part of the growth and build your Investment portfolio. Buyer is responsible for all City of Orillia processes and costs for the approval of change of use and permits. Legal duplex with 2 x 2 bedroom units with separate hydro meters on a huge in town double lot. Lots of potential for this property which is in close proximity to the hospital, quaint downtown Orillia, and Orillia Recreation Centre. (id:55499)

Property Details

MLS® Number S12856768
Property Type Multi-family
Community Name Orillia
Amenities Near By Beach, Golf Nearby, Hospital, Marina
Parking Space Total 4

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Age 100+ Years
Appliances Water Heater, Two Stoves, Two Refrigerators
Basement Type Partial
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,100 - 1,500 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Beach, Golf Nearby, Hospital, Marina
Sewer Sanitary Sewer
Size Depth 118 Ft
Size Frontage 110 Ft
Size Irregular 110 X 118 Ft ; 60.94 Ft 109.98 Ft. 117.95 Ft.x 100.28
Size Total Text 110 X 118 Ft ; 60.94 Ft 109.98 Ft. 117.95 Ft.x 100.28|under 1/2 Acre
Surface Water Lake/pond
Zoning Description R2

Rooms

Level Type Dimensions
Second Level Bathroom 1.1 m x 1.1 m
Main Level Bathroom 1.1 m x 1.1 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29440709/136-barrie-road-orillia-orillia

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