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? Heres your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillias fastest-growing areas. Top 5 Reasons Youll 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 bathideal 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 Orillias real estate market and secure your future cash flow and growth. Contact today to book a showing and take the next step toward securing your financial future! (id:47421)
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Detailed Information
Bedrooms
3
Bathrooms
2
Lot
50 x 68.5 ft
Amenities Nearby
Beach, Marina, Park, Public Transit
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
Zoning Description
R2i
Building
Appliances
Water Heater
Construction Style (Attachment)
Detached
Cooling Type
Window air conditioner
Exterior Finish
Vinyl siding
Foundation Type
Poured Concrete, Slab
# of Half Bathrooms
1
Heating Fuel
Electric
Heating Type
Baseboard heaters
Stories Total
2
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Primary Bedroom
Second level
3.78 m x 3.94 m
Bedroom
Second level
3.96 m x 2.9 m
Bathroom
Second level
2.18 m x 1.83 m
Bedroom
Second level
4.47 m x 2.79 m
Bathroom
Main level
1.75 m x 1.68 m
Kitchen
Main level
3.05 m x 2.44 m
Living room
Main level
4.75 m x 2.54 m
Land
Total Size
50 x 68.5 FT | under 1/2 acre
Amenities
Beach, Marina, Park, Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
50 x 68.5 FT
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