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$1,150,000
Available - For Sale
Listing ID: S12080176
265 Barrie Road , Orillia, L3V 2R4, Simcoe


This charming 5-unit multiplex in the heart of Orillia offers an incredible chance for seasoned investors and newcomers looking to expand their portfolio. All units feature spacious two-bedroom, one-bathroom units and in-unit laundry. There is significant potential for increased rental rates compared to the current market. Sitting on a half-acre lot, there is potential to expand the existing building and/or add more suites.
Price $1,150,000
Taxes: $10074.00
Tax Type: Annual
Occupancy: Tenant
Address: 265 Barrie Road , Orillia, L3V 2R4, Simcoe
Postal Code: L3V 2R4
Province/State: Simcoe
Legal Description: Pt Lt 10 Con 4 South Orillia As In Ro100
Directions/Cross Streets: Barrie Rd & Westmount
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 3700.00
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Financial Statement: T
Chattels: T
Franchise: F
Washrooms: 5
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $57,500 $115,000 $172,500 $230,000
First Mortgage $1,092,500 $1,035,000 $977,500 $920,000
CMHC/GE $43,700 $32,085 $27,370 $0
Total Financing $1,136,200 $1,067,085 $1,004,870 $920,000
Monthly P&I $5,606.94 $5,265.87 $4,958.85 $4,540.03
Expenses $0 $0 $0 $0
Total Payment $5,606.94 $5,265.87 $4,958.85 $4,540.03
Income Required $210,260.31 $197,470.18 $185,956.94 $170,251.26

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$2,837.52
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CRESCENT REAL ESTATE INC.
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: x 247.00(Feet)
Approximate Age:
Tax: $10,074
Maintenance Fee: $0
Beds: 0
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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%
Years