671 DRIFTWOOD ROAD, Orillia, Ontario L3V 1E1
$579,000.00
- 3 bedrooms
- 2 bathrooms
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? Heres your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillias fastest-growing areas. Top 5 Reasons Youll 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 bathideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, ... 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? Heres your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillias fastest-growing areas. Top 5 Reasons Youll 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 bathideal 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 Orillias real estate market and secure your future cash flow and growth. Contact today to book a showing and take the next step toward securing your financial future! (id:25417)
- Listing ID: S9354308
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold |
| Lot Size: | 50 by 68.5 FT|under 1/2 Acre |
| Parking: | 5 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Water Heater |
| HVAC: | Baseboard Heaters, Fireplace and Window Air Conditioner Electric |
| Exterior: | Vinyl Siding |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Orillia |
| Province: | Ontario |
| Nearby Amenities: | Beach, Marina, Park and Public Transit |
| Rooms | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 3.78 m x 3.94 m |
| Bedroom | Second level | 3.96 m x 2.9 m |
| Bathroom | Second level | 2.18 m x 1.83 m |
| Bedroom | Second level | 4.47 m x 2.79 m |
| Bathroom | Main level | 1.75 m x 1.68 m |
| Kitchen | Main level | 3.05 m x 2.44 m |
| Living room | Main level | 4.75 m x 2.54 m |
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