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$1,950,000
Status: OFF MARKET
Welcome to 320 Laclie St in the desirable north ward of Orillia, where an exceptional investment opportunity awaits you. Introducing a newly constructed 9-plex, meticulously converted from a motel, presenting a remarkable 5.85% cap rate. This turnkey gem promises lucrative returns with all 9 units up to current market rents. This property offers the perfect blend of modern comfort and convenient living. All units have been thoughtfully designed and upgraded to meet current market demands, ensuring maximum rental potential. With eight one-bedroom units and one three-bedroom unit, this property caters to a diverse tenant base, allowing for steady occupancy and reliable income streams. Please refer to MLS #40446525 for full description.
| Property Type | :Commercial |
|---|---|
| MLS Number | :S6628730 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :30 Jun, 2023 (510 Days ago) |
| Source | :TRREB |
| Area | :Simcoe |
|---|---|
| Postal Code | :
L3V 4P1
|
| Price | : $1,950,000 |
|---|---|
| Property Taxes | :$15870.32 |
| Tax Year | :2022 |
|---|
| Cross Street | :Laclie St. And North Street E. |
|---|
30 Jun, 2023
TREB #S6628730
Available
$1950000.0
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