Address
115 Albert St S Orillia, ON
Price
$ 699,000
Property Attributes
  • ID#S5245330
  • TypeMulti-Family
  • CityOrillia
  • AreaOrillia
  • NeighbourhoodOrillia
  • Postal CodeL3V 5L1
  • Style2-Storey
  • Taxes$ 3047
  • Price$ 699,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1100-1500
Listing Provided Courtesy Of:
RE/MAX HALLMARK CHAY REALTY, BROKERAGE
Data Source:
Toronto Real Estate Board
Property Description

Fully Renovated Legal Duplex. Main Floor 2-Bdrm Unit Currently Rents For $1725+Hydro W/An A++ Tenant (Lease Until July 1, 2021). The 1-Bdrm Upper Unit Currently Rents Out For An Average Of $2858/Month As A Lucrative Short-Term Rental. Projected Gross Annual Income $54,996, Projected Annual Expenses $ 6,711. Projected Net Annual Income Of $48,285. This Property Yields An Est. Cap Rate Of 7.4% At List Price. See Documents Tab.

Price History
5/22/2021 Listed $699,000

General Features

ApproxAge 100+
Area Simcoe
Basement Crawl Space
Community Orillia
Elevator No
Extras Inclusions: 2X Washers/Dryers; 2X Fridges; 2X Stoves; Hot Water Tank Owned. Exclusions: Tenant's Belongings.
Features Park
Features Lake/Pond
Features Beach
Features School
Features Hospital
Features Library
Garage Spaces 0.0
Heater Type Forced Air
Legal Description Pt Lt 5-6 Blk L Pl 228 Orillia As In Ro1135053;
Lotdepth 165.00
Municipality Orillia
Parking Spaces 4
Property Sub Type Duplex
Rooms 7
Square Footage Range 1100-1500
Status A
Style 2-Storey
Tax Year 2021
Taxes 3047.00
Water Municipal
Zoning Res

Interior Features

A/C Other
Basement Unfinished
Family Room No
Fireplacestove No
Heat Source Gas
Kitchens 2
Total Bedrooms 3
Washrooms 2

Exterior Features

Acreage < .50
Drive Private
Exterior Vinyl Siding
Exterior Brick
Frontingonnsew W
Garage Type None
Pool Y/N None
Sewers Sewers

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L3V 5L1

Price
AVG $700K
$700K
Taxes
AVG $3,047
$3,047
Visits
AVG 19
22
Walkscore
AVG 59
59
Data Provided by Walkscore ® not using MLS data