|Property TypeMulti-family||Built in1970|
4.3 % cap rate. Being Sold as a Package Deal. 3 properties total of 31 units. 78 West St. S. is 17 Units. 34 Market ST. is 12 units and 42 Nottawasaga St. is 2 units. Unit breakdown 17 two bedroom units, 12 one bedroom units, 1 three bedroom unit, 1 bachelor unit. Turn key, professionally managed buildings, with up to date renovated units. Bonus there is an assumable commercial mortgage for only 1.9 %. Great Location in the downtown core. Walking distance to all amenities, downtown waterfront, hospital, library, theatre, main bus stations. Orillia is excellent city to invest in, always low vacancy rates- shortage of apartment buildings. Home to OPP provincial headquarters and Hydro One Provincial headquarter is moving here now. Strong growth projections. Major shopping centers. Only one hour from the GTA in the heart of Ontario's recreational center. Bordered by lake Simcoe and Lake Couchiching. Contact listing agent for information package on mortgage details, pro forma, building particulars and pictures. (id:35071)
|Attached GarageNo||Open ParkingNo|
|WaterfrontNo||Community FeaturesHigh Traffic Area,Community Centre|
|CoolingNo||HeatingBaseboard heaters,Forced air,Hot water radiator heat|
|Heating FuelNatural gas||Levels2|
|PoolNo||SewerMunicipal sewage system|
Listing Office: Simcoe Hills Real Estate Inc. Brokerage
Data Provided by Barrie & District Association of REALTORS® Inc.
Last Modified :29/04/2021 01:38:45 PM
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