116 ALBERT STREET S, Orillia, Ontario L3V 5L2
$649,000.00
- 4 bedrooms
- 3 bathrooms
Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing ... read more
Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home. (id:25417)
- Listing ID: S13657948
- Property Type: Multi-family
| Property | |
|---|---|
| Lot Size: | 69.7 by 88.6 FT|under 1/2 Acre |
| Parking: | No Garage 3 Spaces |
| Building | |
|---|---|
| Type: | Multi-family Triplex |
| Appliances: | Refrigerator, Stove, Washer and Dryer |
| HVAC: | Fireplace and Forced Air Natural Gas |
| Exterior: | Brick |
| Basement: | Full (Unfinished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Orillia |
| Province: | Ontario |
| Nearby Amenities: | Hospital and Public Transit |
| Community Features: | School Bus |
| Rooms | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 3.3 m x 2.65 m |
| Living room | Main level | 3.11 m x 2.22 m |
| Bedroom | Main level | 3.32 m x 2.18 m |
| Kitchen | Main level | 5.94 m x 3.95 m |
| Den | Main level | 2.67 m x 1.58 m |
| Bedroom | Main level | 3.56 m x 3.11 m |
| Kitchen | Upper Level | 3.37 m x 2.89 m |
| Living room | Upper Level | 5 m x 3.38 m |
| Bedroom | Upper Level | 4.14 m x 2.8 m |
| Bedroom | Upper Level | 2.83 m x 2.15 m |
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