$1,065,000
FOR SALE

Triplex

Lot: 60 x 132 ft

31 Frederick Street
Orillia, ON L3V 5W5

This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7 separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy. (id:47421)
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Listed By REVEL Realty Inc. Brokerage
Data Provided By Barrie & District Association of REALTORS® Inc.
MLS® Listing Number 40548627
Last Updated May 17, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision South Ward
Price History

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Detailed Information
Lot 60 x 132 ft
Amenities Nearby Hospital, Public Transit, Schools
Equipment Water Heater
Features Paved driveway, Sump Pump
Listing Contract Date 2024-03-04
Location Description Hwy 12 to Westmount to Mississauga to Frederick St.
Ownership Type Freehold
# of Parking Spaces 10
Property Type Multi-family
Rental Equipment Water Heater
Transaction Type For sale
Zoning Description HC2
Building
Appliances Microwave, Microwave Built-in, Window Coverings
Basement Development Partially finished
Basement Type Partial (Partially finished)
Cooling Type Central air conditioning
Exterior Finish Vinyl siding
Foundation Type Stone
Heating Fuel Electric, Natural gas
Heating Type Baseboard heaters, Forced air
Stories Total 2
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Access Type Road access
Amenities Hospital, Public Transit, Schools
Sewer Municipal sewage system
External Links

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