Great investment opportunity in Otilia! This well-maintained 12-unit property offers a strong income potential with a desirable unit mix of six 1-bedroom units and six bachelor suites. The building includes seven parking spaces, adding extra value and convenience for tenants. Ideally located close to downtown, public transit, shopping, and schools, this property is highly attractive to students and urban renters alike. A solid addition to any investment portfolio with consistent rental demand in a prime location. Clean Phase 1 report available.
| MLS # | S13062022 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 116 |
| Listing Provided By | GRANGE HALL REALTY INC. | S13062022 126200 |
| SQ Feet | 5,242 |
|---|---|
| Acreage | 0.12 |
| Cooling | No |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 18207.91 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Orillia |
| Postal Code | L3V 1R9 |
| Area | Orillia |
| Listing VS Median (in L3V 1R9) | |
Price: $2,299,000 low | high Med: $2,299,000 sqft: 5,242 low | high Med: 5,242 $ / sqft: $439 low | high Med: $439 On site: 116 low | high Med: 116 | |
| Province | ON |
|---|---|
| Region | Simcoe |
| City | Orillia |
| Postal Code | L3V 1R9 |
| Area | Orillia |
| Listing VS Median (in L3V 1R9) | |
Price: $2,299,000 low | high Med: $2,299,000 sqft: 5,242 low | high Med: 5,242 $ / sqft: $439 low | high Med: $439 On site: 116 low | high Med: 116 | |