Bedrooms: 3Bathrooms: 2Lot: 32 x 103 ft

113 Colborne Street E
Orillia, ON L3V 1V2

Prime Real Estate Opportunity! 3-plex in the heart of Orillia within walking distance to the waterfront, downtown shops and restaurants. The main floor 1 bedroom unit is owner-occupied and will be vacant on possession. The upper level two bedroom unit is vacant allowing you to tenant at market rent and the main floor studio is currently tenanted, generating approximately $1200(inclusive) per month with an A+ tenant who must be assumed. Here's your opportunity to live in one unit and have the other units help pay your mortgage. Or add to your investment portfolio as a rental property. Upgrades include: Metal roof (2020), High Eff Napoleon Furnace (2020), new flooring upper level unit, some windows replaced. The downtown waterfront redevelopment really does make this a prime investment opportunity! Property being sold As Is, with no representation or warranty by Seller. (id:47421)
Listed By Keller Williams Experience Realty, Brokerage (Unit B)
Data Provided By The Lakelands Association of REALTORS®
MLS® Listing Number 40375997
Last Updated Mar 06, 2023
Property Summary
Property Type Triplex

More like this:
Subdivision North Ward
Price History

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Detailed Information
Bedrooms 3
Bathrooms 2
Lot 32 x 103 ft
Amenities Nearby Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Community Features Community Centre, School Bus
Equipment None
Features Park/reserve, Crushed stone driveway
Listing Contract Date 2023-02-23
Location Description Front St to Colborne St E
Ownership Type Freehold
Property Type Multi-family
Rental Equipment None
Structures Porch
Transaction Type For sale
Zoning Description c4i
Basement Development Unfinished
Basement Type Full (Unfinished)
Construction Material Wood frame
Construction Style (Attachment) Detached
Cooling Type None
Exterior Finish Brick, Wood
Fire Protection Smoke Detectors, Security system
Fixture Ceiling fans
Foundation Type Block
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Triplex
Utility Water Municipal water
Type Description
Natural GasAvailable
Total Size 0.075 acres
Access Type Road access, Highway access
Amenities Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal sewage system
Size of Irregular Land 0.075

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