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$579,000
Status: For Sale
Top 5 Reasons You’ll Love This Property: 1) TWO HOMES ON 1 LOT: Featuring two detached houses with minimal upkeep. The main house has 3 bedrooms and 2 bathrooms, while the secondary house offers 2 bedrooms and 1 bathroom, both designed for low maintenance. 2) CASH FLOW POSTIVE INVESTMENT: Generate over $3800 per month in rental income from both units, ensuring a steady income stream and a financially sound investment. 3) Broad Appeal: Perfect for investors and first-time homebuyers alike. Live in one unit while renting out the other, or rent both for maximum income flexibility. 4) Immediate Flexibility: The secondary suite is vacant upon possession, allowing you to live in one home or set your own rental rates right away. 5) Prime Location and Lakeside Proximity: Just 90 minutes north of the GTA, enjoy serene Lake Simcoe views and easy access to boat docks. Minutes from downtown Orillia and Casino Rama, surrounded by high-end developments promising substantial future growth. Don’t miss this chance to invest in the thriving Sunshine City, Orillia. Call today to book a showing.
Property Type | :Residential Income |
MLS Number | :40627625 |
Listing Type | :Sale |
Property Age | :51-99 Years years |
Possession Date | : |
Last Updated | :31 Jul, 2024 (50 Days ago) |
Source | :The Lakelands |
Area | :Simcoe |
City | :Orillia |
Area Major | :Orillia |
Area Minor | :South Ward |
Postal Code | : L3V 1E1 |
Directions | :HWY 12 West to Orchard Point to DriftWood |
Price | : $579,000 |
Property Taxes | :$4396 |
Tax Year | :2023 |
Bedrooms | :5 + |
Heating | :Baseboard |
Place of Worship | :No |
Bathrooms | :3 |
Approx Square Footage | :1270 sqft |
Parking Space | :5 |
Park | :Park |
31 Jul, 2024
TREB #40627625
Listed
$579000
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