$799,999
FOR SALE

Triplex

Bedrooms: 4Bathrooms: 3Lot: 43 x 122 ft

56 Nottawasaga Street
Orillia, ON L3V 3J4

Don't miss out on this incredible income property opportunity! This Legal triplex allows you to set your own rental rates, or potential for a Short Term Rental unit, One unit is occupied but can be vacant. Unit A features a spacious 1- bedroom, 1-bathroom layout with a generously sized kitchen and living room. Unit B, located on the second floor, offers 2 bedrooms, 1 bathroom, and a comfortable living space. Unit C spans two floors and is a unique 1-bedroom, 1-bathroom unit with an open-concept living room/kitchen. The property boasts parking for up to 4 cars, accessible from Albert Street off a lane. Additional features include hot water heating, a steel roof, updated electrical systems, and an owned hot water tank. The property has been well maintained. Seize this opportunity to maximize your investment potential in a prime location! Located downtown, walking distance to all amenities, shopping, library, opera house, hospital, parks and more. With DS1 zoning it has many commercial uses allowed including Office/Business/Day Nursery/Restaurant/Four Unit Dwelling/Art Gallery and more! (id:47421)
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Listed By RE/MAX Right Move Brokerage
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40592893
Last Updated May 31, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision West Ward
Price History

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Detailed Information
Bedrooms 4
Bathrooms 3
Lot 43 x 122 ft
Amenities Nearby Hospital, Park, Playground, Public Transit, Schools, Shopping
Features Southern exposure
Listing Contract Date 2024-05-22
Location Description Nottawasaga St Between Albert and Andrew / Market st.
Ownership Type Freehold
# of Parking Spaces 4
Property Type Multi-family
Transaction Type For sale
Zoning Description DS1
Building
Basement Development Unfinished
Basement Type Partial (Unfinished)
Constructed Date 1900
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Radiant heat
Stories Total 2
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Hospital, Park, Playground, Public Transit, Schools, Shopping
Sewer Municipal sewage system

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