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$950,000
Available - For Sale
Listing ID: S13739074
Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.
Price $950,000
Taxes: $5,853
Occupancy by: Tenant
Address: 199 Nottawasaga Street , Orillia, L3V 3K2, Simcoe
Directions/Cross Streets: Nottawasaga St/Cameron St
Rooms: 14
Bedrooms: 5
Bedrooms +: 0
Washrooms: 3
Family Room: T
Basement: Other
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Second Primary B 12.30 8.89 Laminate, Closet, Window
Room 2: Second Bedroom 2 12.33 8.86 Laminate, Closet, Window
Room 3: Second Kitchen 15.81 8.92 Laminate, Window
Room 4: Second Bathroom 8.82 5.94 Ceramic Floor, Window, 4 Pc Bath
Room 5: Third Loft 10.56 27.95 Laminate, Window
Room 6: Second Kitchen 15.91 5.77 Laminate
Room 7: Second Living Ro 7.25 25.49 Laminate, Window
Room 8: Second Bedroom 3 12.30 9.61 Laminate, Window, Closet
Room 9: Second Bedroom 4 11.22 15.97 Laminate, Window, Closet
Room 10: Second Bathroom 0 0 Ceramic Floor, 4 Pc Bath
Room 11: Main Kitchen 6.69 8.89 Laminate, Window
Room 12: Main Living Ro 10.76 10.07 Ceramic Floor, Combined w/Living, W/O To Deck
Room 13: Main Bedroom 5 8.33 9.32 Laminate, Window, Closet
Room 14: Main Bathroom 5.28 8.50 Ceramic Floor, Window, 4 Pc Bath
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 4 Main
Washroom 3 4 Upper
Washroom 4 0
Washroom 5 0
Washroom 6 4 Main
Washroom 7 4 Main
Washroom 8 4 Upper
Washroom 9 0
Washroom 10 0
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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CASMIR REALTY

199 Nottawasaga Street , Orillia, L3V 3K2, Simcoe

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Maria Tompson
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At a Glance:
Type: Freehold - Triplex
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style: 2 1/2 Storey
Lot Size: x 216.90(Feet)
Approximate Age:
Tax: $5,853
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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