31 Frederick Street, Orillia, ON, L3V 5W5

$1,065,000

MLS® # 40548627

Investment For Sale In Orillia, Ontario

$1,065,000

Property Information:

This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7 separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy.

Inclusions: Built-in Microwave,Microwave,Window Coverings

Exclusions : Exam Tables And Tvs

Building Features:

  • Floor Space: 3175 Square Feet

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: Partial, Partially Finished, Sump Pump
  • Construction Materials: Vinyl Siding
  • Cooling: Central Air, Other
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 3175 Square Feet
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Interior Features: Accessory Apartment, Built-In Appliances, Separate Hydro Meters
  • Laundry Features: None
  • Lot Depth: 132 Feet
  • Lot Features: Business Centre, City Lot, Hospital, Public Transit, Schools
  • Lot Frontage: 60.00 Feet
  • Parking Features: Asphalt, Other
  • Road Frontage Type: Public Road
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Window Features: Window Coverings
  • Zoning: HC2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 10

Courtesy of: REVEL Realty Inc. Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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