416 GILL STREET, Orillia, Ontario, L3V 4K6

MLS® # S12555286

Investment For Sale In Orillia, Ontario

$1,384,900

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416 Gill Street, Orillia, ON - Outdoor With Exterior

416 Gill Street, Orillia, ON - Indoor Photo Showing Kitchen With Double Sink

416 Gill Street, Orillia, ON - Indoor Photo Showing Kitchen

416 Gill Street, Orillia, ON - Indoor Photo Showing Bathroom

416 Gill Street, Orillia, ON - Indoor Photo Showing Other Room

416 Gill Street, Orillia, ON - Indoor Photo Showing Laundry Room

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416 GILL STREET, Orillia, Ontario, L3V 4K6

$1,384,900

Property Information:

The Perfect Fourplex doesn't come around very often....Until Today!! 416 Gill Street is a purpose built, all brick fourplex with four 2 Bedroom , 1 Bath apartments, all the same, approximately 860 sqft each. The property is fully tenanted with four fantastic tenants. Property provides 8 parking spaces for your tenants. The updated apartments are in fantastic condition, three with newer kitchens. All units have separately metered forced air gas furnaces, separate hydro meters and a large in unit storage closet. Sound proofing added between upper and lower apartments for peaceful living. New 25 Year Architectural Shingles in 2014 and all new windows in 2017/18. On-site Coin Laundry for tenant convenience, two washers and two gas dryers, all owned. All units also have full size appliances. New back up generator installed in 2025 that powers part of the building including hot water. Very large lot for your tenants to enjoy the yard, but could also be large enough to add additional dwelling units on property (check with City of Orillia Planning). There is lots of upside on tenant turnovers as well. A great addition to your multi-unit investment portfolio or perfect hassle free investment to get started on your Landlord journey. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Amenities: Separate Heating Controls
Architectural Style: Raised bungalow
Basement Type: N/A
Exterior Finish: Brick
Floor Space: 3500 - 5000 sqft
Foundation Type: Concrete
Utility Power:
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 8
Bathrooms: 4
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Lot Depth: 197.3 Feet
Lot Frontage: 74.8 Feet
Lot Size: 74.8 x 197.4 FT
Zoning: R2-11
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 8

Courtesy of: RE/MAX JAZZ INC.

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Market Price Trends

All Properties

5.46%

Price change (1 year)

42.18%

Price change (5 years)

Location of 416 GILL STREET, Orillia, Ontario, L3V 4K6

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 416 GILL STREET , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past

30.3℃

2050

33.8℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, 416 GILL STREET , experiences 11 significant 2-day storms per year, with about 316.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 397.8mm of precipitation per year.

Precipitation Per Storm

Past

316.4mm

2050

397.8mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 416 GILL STREET, Orillia, Ontario, L3V 4K6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,404.72

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.41 %

High school certificate or equivalent

31.12 %

Apprenticeship trade certificate/diploma

7.6 %

College/non-university certificate

22.7 %

University certificate (below bachelor)

0.49 %

University Degree

9.67 %

Commuter

Travel To Work

By Car

87.4 %

By Public Transit

4.41 %

By Walking

4.17 %

By Bicycle

1.4 %

By Other Methods

2.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

43.48 %

Houses

56.52 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

All Properties

Location of 416 GILL STREET, Orillia, Ontario, L3V 4K6

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 416 GILL STREET, Orillia, Ontario, L3V 4K6

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

416 GILL STREET, Orillia, Ontario, L3V 4K6

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing