Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Here’s your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillia’s fastest-growing areas. Top 5 Reasons You’ll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bath—ideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillia’s real estate market and secure your future cash flow and growth. Contact today to get a copy of the financial breakdown or book a showing. (id:47421)
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Detailed Information
Bedrooms
5
Bathrooms
3
Lot
50 x 68 ft
Amenities Nearby
Beach, Marina, Park, Public Transit, Shopping
Communication Type
Fiber
Features
Crushed stone driveway
Listing Contract Date
2024-09-17
Location Description
HWY 12 West to Orchard Point to DriftWood
Ownership Type
Freehold
# of Parking Spaces
5
Property Type
Single Family
Transaction Type
For sale
Views
Lake view
Zoning Description
R2i
Building
Appliances
Dryer, Refrigerator, Stove, Washer, Hood Fan
Architectural Style
2 Level
Basement Type
None
Constructed Date
1940
Construction Style (Attachment)
Detached
Cooling Type
Window air conditioner
Exterior Finish
Vinyl siding
Fire Protection
Smoke Detectors
Foundation Type
Poured Concrete
# of Half Bathrooms
1
Heating Type
Baseboard heaters, Forced air
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
4pc Bathroom
Second level
1'0'' x 1'0''
Bedroom
Second level
1'0'' x 1'0''
Bedroom
Second level
1'0'' x 1'0''
Primary Bedroom
Second level
1'0'' x 1'0''
2pc Bathroom
Main level
1'0'' x 1'0''
4pc Bathroom
Main level
1'0'' x 1'0''
Bedroom
Main level
1'0'' x 1'0''
Bedroom
Main level
1'0'' x 1'0''
Utilities
Type
Description
Cable
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
under 1/2 acre
Access Type
Road access, Highway access
Amenities
Beach, Marina, Park, Public Transit, Shopping
Sewer
Municipal sewage system
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