Hello,

For sale by Owner. Legal Triplex currently set up as a residential 3 plex. Can be changed to commercial, or mixed (HC2 Zoning is very flexibile).


Unit 1:
2 bedrooms, 1 bathroom. 2 floors, recently upgraded, and has a great tenant paying $2250 including utilities. Month to month term.

Unit 2:
1 bedroom, 1 bathroom. Long term tenant currently paying $920 including utilities. Month to month term. Current market rate is $1500 (incld utilities).

Unit 3:
1 bedroom, 1 bathroom. New basement tenants currently paying $1450 including utilities. 1 year lease ending August 2025.

Total: $4,620/ month (with potential to increase to $5200/ month)

House is right across the street from the hospital and it has all kinds of potential for future use, including but not limited to, doctors/ dentist office, long term care, daycare, convenience store, or other store-front. Part of the city of Orillia's downtown core improvement initiative, which means grants for commercial use available every year.

Excellent for investors looking for turn-key investment, or for owner occupied home, living in one of the units and renting out the remaining units!

Steps away from the downtown core, shops, restaurants, and the lake!

* Plenty of new upgrades too long to list
* All paperwork from the city available to show legal status
* Financial sheets available to serious buyers
* Shared laundry in the basement common area
* Huge backyard with plenty of space, and potential for garden suite (Zoning is permitted)

Thank you for looking!