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Orillia,ON L3V 2J2
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Orillia
MLS Listing ID S12287132
Style Backsplit 3
Bedrooms 4
Building Age 51-99
Annual Tax Amount $3,192
Tax Year 2024
Property Sub-Type Semi-Detached
Property Description
City-approved, legal duplex offering two self-contained, move-in ready units (up/down) with private entrances - ideal for investors, multi-generational families or homeowners looking to offset mortgage costs. This brick & siding home with metal roof (2017) delivers immediate cash flow in a high-demand rental area. The upper unit features 3 bedrooms, an updated 3-pc bath (tub/shower combo), full kitchen and open-concept living/dining space. The bright lower unit offers 1 bedroom, 3-pc bath (shower), large above-grade windows, an efficient kitchen and cozy living/eating area. Both units have been freshly painted in calming neutrals & include recent updates to kitchens, baths, flooring, doors & trim. Additional features: forced-air gas furnace, central A/C, covered carport and parking for 3-4 vehicles. The fully fenced backyard backs onto the peaceful Couchiching Golf Course - offering green views, added privacy and regular wildlife sightings. Projected rental income (Orillia averages): 3-bedroom unit: approx. $2,000-2,300/month. 1-bedroom unit: approx. $1,400-1,800/month. Total gross income: approx $40,800 - 49,200/year. Located just 7 minutes to downtown Orillia & the marina, 15 mins to Casino Rama and 30 mins to two ski resorts. Enjoy beaches, year-round festivals, dining and recreation at your doorstep. A rare opportunity to secure a hands-off investment with great returns - or enjoy home ownership with a healthy built-in income stream. Be sure to view the 3D tour and slideshow below, then book your showing and discover the income potential and mortgage versatility this turnkey gem truly has to offer!
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Rooms
Family Room No
Basement Separate Entrance,Apartment
Kitchen 2
Interior
Interior Features Guest Accommodations,In-Law Suite,Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
View Trees/Woods
Roof Type Metal
Lot Frontage 35.0
Lot Depth 200.36
Total Parking Spaces 4
Building
Unit Features Fenced Yard,Public Transit,School,School Bus Route,Golf
Foundation Concrete Block
Others
Virtual Tour https://youtu.be/_l3-HfscSkw