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92 MARY Street, Orillia, Ontario, L3V3E2
Bathrooms8 Bedrooms9
Property TypeMulti-family Built in1900
Building Area5560

Awesome opportunity in prime location, across from Victoria park, walk downtown to Orillia's beautiful waterfront with Marina, beaches & trails. 8 units in this charming century home. 4 in the original house and 4 in the addition. Fire-coded, new shingles, coin laundry, gas hot water heat. Perfect for those wanting a property with an upside. With tenant turnover & some updates you could increase the value greatly and refinance. Recognized 7 plex with a 8th non-conforming unit. Gross income $87,672.00. Expenses hydro 4880.water 4860, taxes 11919. Orillia is one of Canada's top rated cities to invest in. It has higher-than-average population growth rate (7%) thanks to major employers like OPP & Hydro One, a growing education sector (Lakehead University & Georgian College) & Upgraded infrastructure & Fibre Optics. Amazing Downtown & Waterfront. Located in the heart of Ontarios recreation district. It offers all major amenities, multiple tourist events, hiking, biking, boating, skiing, camping, private airports, Casino Rama and all only 1 hr from GTA. It s a winning combination especially for those looking to buy and hold. IT has potential to be very upscale short term rental or AIR bnb. Tenants are month to month. For more info floor plans contact listing agent (id:35071)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
Parking Total7 WaterfrontNo
Community FeaturesSchool Bus Frontage Length182 ft
ViewNo
Building
Cooling TypeNone CoolingYes
HeatingHot water radiator heat Levels2
Number Of Units Total8 PoolNo
SewerMunicipal sewage system Stories2

Listing Office: Simcoe Hills Real Estate Inc. Brokerage

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

Last Modified :06/05/2022 08:38:29 AM

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