$877,000
Available - For Sale
Listing ID: S12821878
17 Champlain Street , Orillia, L3V 2G6, Simcoe
| Residential property with three self-contained units. Solid brick 1/2 story home in prime Orillia North Ward, steps from the Lake Couchiching. Legal duplex with 3 separate units, each with its own kitchen and bathroom with a total of 6 bedrooms, 3 bathrooms, 3 kitchens, 2 laundries. 3 bedroom unit on the main floor with its own washer/dryer, 1 bedroom unit upstairs, and 2 bedroom unit in the basement with its own washer/dryer. Live on the main floor and rent the other 2 units, or buy it as a pure income property. All units recently renovated. Fully fenced and gated backyard with a 3 car detached garage 31 x 29 ft with separate 9 ft doors and ample of parking. Steps to schools, Couchiching Golf Course, and the lake. Easy access to Hwy 11. Great cash flow: Basement rented for $1,995, upstairs for $1,250, main floor for $2,200 but moving out in April. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Can build 2 more units (2 garden suites) on top of the garage. Seller can assist with permits and construction. Recent updates: steel roof, furnace, air conditioner, some windows, hot water heater, electrical service. Pictures taken before tenants moved in and digitally modified to remove personal items. |
| Price | $877,000 |
| Taxes: | $2706.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 17 Champlain Street , Orillia, L3V 2G6, Simcoe |
| Postal Code: | L3V 2G6 |
| Province/State: | Simcoe |
| Legal Description: | PT LT 2 E/S WEST ST PL 161 SOUTH ORILLIA |
| Directions/Cross Streets: | Hwy 11/West St |
| 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: | 7724.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Major Highway Public Transit |
| Washrooms: | 3 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Tax: | $2,706 |
| Baths: | 3 |
| Fireplace: | N |
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