Check out this great investment opportunity. Existing Legal duplex with 2 x 2 bedroom units, potential to create a smaller 3rd unit. Two existing apartments with separate hydro meters. Current building sits on a large in town double lot. Ideally located across the road from a large complex of rental units, with ongoing expansion. Great for Investors and Developers alike, to build and re-sell Or retain in your investment portfolio as ongoing Income property. Buy now with immediate Income and let the current Rental Income carry the costs, while City of Orillia processes for approvals takes place. Lots of potential for this property. Ideally located within close proximity and walking distance to the hospital, quaint downtown Orillia offering cafes, restaurants, banks and shopping, and within a few steps to the new Orillia Recreation Centre. Orillia is quickly growing, why not become part of the growth and build your Investment portfolio. Buyer is responsible for all City of Orillia processes and costs for the approval of change of use and permits.
Property Features
- Date Listed: Friday, June 14, 2024
- City: Orillia
- Neighborhood: Orillia
- Major Intersection: Dunlop Street
- Full Address: 136 Barrie Road, Orillia, L3V 2R1, Ontario, Canada
- Listing Brokerage: Century 21 B.J. Roth Realty Ltd. - Disclaimer: The information contained in this listing has not been verified by Century 21 B.J. Roth Realty Ltd. and should be verified by the buyer.
