$1,649,900
FOR SALE

Detached 2 Level

Bedrooms: 4+1Bathrooms: 5Lot: 66 x 165 ft

214 Mississaga Street W
Orillia, ON L3V 3B5

Are you an investor? Looking for an investment where the numbers finally work? 1) Presenting an exquisite 5-plex investment property where you have the opportunity to set your own rents, fully reimagined with meticulous attention to detail. This property boasts four legally recognized units, with the front of the house being gutted to the studs and rebuilt new, and the back half is newly built to the highest standards, with luxurious finishes. 2) Step into each unit and be welcomed by stunning kitchens, outfitted with top-of-the-line stainless steel appliances and stylish cabinetry. The renovations extend to every aspect of the units, including individual air conditioning units, in-suite washers and dryers, and elegantly appointed bathrooms with towel warmers. And Triple-glazed front windows ensure quiet interiors, even with the property's prime location. 3) This property is a licensed short-term rental, fully compliant with the City of Orillia regulations, and the license is transferable to the new owner. Units 1, 2, 3, and 4 are being offered fully furnished, and the property features a new metal roof, new upgraded flooring, new floor joists, new electrical, new plumbing, spray foam insulation, a high-end security camera system, and a sprinkler system, ensuring peace of mind and energy efficiency. 4) The property’s separately metered 200-amp service allows for precise control over heating and hydro, facilitated by an energy-efficient on-demand hot water boiler with durable aluminum radiators for longevity. State-of-the-art access control technology enables remote management, making ownership effortless. 5) Situated in the heart of the city, directly across from the hospital, this property benefits from HC2 zoning, permitting a wide range of uses and offering excellent potential for future development. This 5-plex is more than just a place to live—it's an exceptional investment opportunity where every detail has been crafted to offer both luxury and practicality. (id:47421)
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Listed By Royal LePage Quest Brokerage, Orillia (Unit B)
Data Provided By OnePoint - The Lakelands
MLS® Listing Number 40636238
Last Updated Sep 05, 2024
Property Summary
Property Type Detached

More like this:
Subdivision West Ward
Price History

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Detailed Information
Bedrooms 4+1
Bathrooms 5
Lot 66 x 165 ft
Amenities Nearby Hospital, Public Transit, Schools, Shopping
Equipment None
Features Paved driveway
Listing Contract Date 2024-09-05
Location Description Douglas St/Mississaga St W
Ownership Type Freehold
# of Parking Spaces 8
Property Type Single Family
Rental Equipment None
Structures Barn
Transaction Type For sale
Zoning Description HC-2
Building
Appliances Window Coverings
Architectural Style 2 Level
Basement Development Finished
Basement Type Full (Finished)
Construction Style (Attachment) Detached
Cooling Type Wall unit
Exterior Finish Brick, Vinyl siding
Fire Protection Security system
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Boiler
Stories Total 2
Type House
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
4pc BathroomSecond levelMeasurements not available
BedroomSecond level11'4'' x 12'3''
KitchenSecond level11'2'' x 6'2''
Dining roomSecond level8'11'' x 6'2''
Living roomSecond level20'1'' x 13'10''
4pc BathroomSecond levelMeasurements not available
BedroomSecond level12'3'' x 9'3''
Living roomSecond level12'3'' x 9'4''
KitchenSecond level11'11'' x 12'11''
3pc BathroomLower levelMeasurements not available
BedroomLower level13'3'' x 14'11''
Recreation roomLower level8'10'' x 14'11''
KitchenLower level4'1'' x 14'11''
4pc BathroomMain levelMeasurements not available
BedroomMain level12'8'' x 11'7''
KitchenMain level13'8'' x 9'5''
Living roomMain level13'8'' x 9'10''
4pc BathroomMain levelMeasurements not available
BedroomMain level12'7'' x 14'0''
KitchenMain level12'8'' x 8'9''
Living roomMain level17'6'' x 11'11''
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Hospital, Public Transit, Schools, Shopping
Fence Type Fence
Landscape Features Lawn sprinkler
Sewer Municipal sewage system

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