671 DRIFTWOOD Road, Orillia, Ontario L3V 1E1
$579,000.00
- 5 bedrooms
- 3 bathrooms
- 1,250 Square Feet
Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Here’s your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillia’s fastest-growing areas. Top 5 Reasons You’ll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bath—ideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental ... read more
Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Here’s your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillia’s fastest-growing areas. Top 5 Reasons You’ll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bath—ideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillia’s real estate market and secure your future cash flow and growth. Contact today to get a copy of the financial breakdown or book a showing. (id:25417)
- Listing ID: 40641885
- Property Type: Single Family
- Year Built: 1940
| Property | |
|---|---|
| Style: | 2 Level |
| Ownership: | Freehold |
| Lot Size: | Under 1/2 Acre |
| Parking: | 5 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Hood Fan, Refrigerator, Stove, Washer and Dryer |
| HVAC: | Baseboard Heaters, Fireplace, Forced Air and Window Air Conditioner |
| Exterior: | Vinyl Siding |
| Basement: | None |
| Utilities: | Cable, Natural Gas, Telephone, Municipal Water and Municipal Sewage System |
| Location | |
|---|---|
| City: | Orillia |
| Province: | Ontario |
| Nearby Amenities: | Beach, Marina, Park, Public Transit and Shopping |
| Rooms | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | 1'0'' x 1'0'' |
| Bedroom | Second level | 1'0'' x 1'0'' |
| Bedroom | Second level | 1'0'' x 1'0'' |
| Primary Bedroom | Second level | 1'0'' x 1'0'' |
| 2pc Bathroom | Main level | 1'0'' x 1'0'' |
| 4pc Bathroom | Main level | 1'0'' x 1'0'' |
| Bedroom | Main level | 1'0'' x 1'0'' |
| Bedroom | Main level | 1'0'' x 1'0'' |
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