136 Barrie RD Active

Orillia,ON L3V 2R1

$ 799000

4 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

MLS Listing ID S8443916

Style 2-Storey

Bedrooms 4

Annual Tax Amount $3,557

Tax Year 2023

Property Description

Check out this great investment opportunity. Existing Legal duplex with 2 x 2 bedroom units, potential to create a smaller 3rd unit. Two existing apartments with separate hydro meters. Current building sits on a large in town double lot. Ideally located across the road from a large complex of rental units, with ongoing expansion. Great for Investors and Developers alike, to build and re-sell Or retain in your investment portfolio as ongoing Income property. Buy now with immediate Income and let the current Rental Income carry the costs, while City of Orillia processes for approvals takes place. Lots of potential for this property. Ideally located within close proximity and walking distance to the hospital, quaint downtown Orillia offering cafes, restaurants, banks and shopping, and within a few steps to the new Orillia Recreation Centre. Orillia is quickly growing, why not become part of the growth and build your Investment portfolio. Buyer is responsible for all City of Orillia processes and costs for the approval of change of use and permits.

Location

Province ON

County Simcoe

Zoning R2

Rooms

Basement Partial Basement

Kitchen 2

Interior

Interior Features Water Heater Owned

Cooling None

Inclusions Hot Water Tank, Owned, 2 stoves and 2 refrigerators.

Exterior

Garage None

Garage Spaces 4.0

Pool None

Waterfront No

Roof Type Asphalt Shingle

Building

Foundation Block

View More
Favorite Go Tour