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48 BARRIE Road, Orillia, Ontario, L3V2P7
Bathrooms4 Bedrooms6
Property TypeMulti-family Built in1880
Building Area2920

2 seperate houses on one lot! Partner with a family member or buy for an investment. Front house is a century home, back house was the original carriage house which was converted to a residence and recently renovated with new kitchen, new flooring through out (except 1 bedroom) and upgraded insulation in attic.. Back house is presently vacant. Both homes have 3 bedrooms & 2 baths. Terrific investment location. Walk to downtown shopping, dining, arts district, farmer's market, the new Rec Center, trails, library, hospital and Orillia's Beautiful Waterfront Park and Marina. Live in one and rent the other. The front house was a duplex and can be converted back to one easy, for a total of three units. It would also be perfect student rental residences, could rent 8 rooms at 600 a piece. It is walking distance to Lake Head University Downtown Campus and bus to Westridge Campus. Potential to add even more units under the intensification zoning. Total expenses for both houses is 12,443. Back carriage house could easily rent for $2000.00 a month plus utilities. Back house (48B) is vacant and easy to show. Front house (48A) is tenant occupied and requires 24 hours notice. Must follow all covid precautions, wear mask and no more than two people and agent . A creative investor will find a way to generate additional income here and maximize potential.Front house will be vacant end of June. (id:35071)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
Parking Total4 WaterfrontNo
Community FeaturesSchool Bus FencingPartially fenced
Frontage Length45 ft ViewNo
Building
Cooling TypeWindow air conditioner CoolingYes
HeatingForced air Heating FuelNatural gas
Fireplace FuelElectric Fireplaces1
Levels2 Number Of Units Total2
PoolNo SewerMunicipal sewage system
Stories2

Listing Office: Simcoe Hills Real Estate Inc. Brokerage

Data Provided by Barrie & District Association of REALTORS® Inc.

Last Modified :15/04/2021 04:39:08 PM

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