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$859,900
Available - For Sale
Listing ID: S13638498
66 Nottawasaga Street , Orillia, L3V 3J4, Simcoe
| 7.3% cap. Most fourplexes that come up need something: units to renovate, rents to catch up, or a hydro bill you inherit. This one needs none of it. All four units are renovated, leased, and separately metered, so tenants carry their own power and your operating exposure stays where you can predict it. The quality of the finishes is why it leases the way it does. Units get picked up quickly and no more vacancy, which is the difference between a building that runs itself and one that runs you. The capital cycle is finished. Roof 2019. High-efficiency furnaces and attic insulation 2020. Roof and eave heating cables 2021. Concrete collar, upper-level siding and storage shed 2022. Paved parking and main-floor air conditioning 2023. Water heater owned, not rented. Solid brick construction, zoned Fourplex, with four parking spaces, shared basement laundry and private entrances for the main-floor units. The businesses of Downtown Orillia, waterfront boardwalk, scenic trails and Lakehead University are all a walk away, which is what keeps the tenant pool deep and the units full. |
| Price | $859,900 |
| Taxes: | $4686.99 |
| Occupancy: | Tenant |
| Address: | 66 Nottawasaga Street , Orillia, L3V 3J4, Simcoe |
| Directions/Cross Streets: | Albert St N & Nottawasaga St |
| Rooms: | 12 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bedroom | 10.99 | 10.66 | Vinyl Floor, Window, Closet |
| Room 2 | Main | Living Ro | 11.91 | 10.66 | Vinyl Floor, Window, W/O To Porch |
| Room 3 | Main | Kitchen | 6.92 | 7.84 | Vinyl Floor, Stainless Steel Appl, Stone Counters |
| Room 4 | Main | Bedroom 2 | 8.92 | 10.82 | Vinyl Floor, Window, Closet |
| Room 5 | Main | Living Ro | 11.09 | 10.82 | Vinyl Floor, Window, Walk-Out |
| Room 6 | Main | Kitchen | 7.54 | 7.87 | Vinyl Floor, Stone Counters, Stainless Steel Appl |
| Room 7 | Second | Bedroom 3 | 11.41 | 12.4 | Vinyl Floor, Window, Closet |
| Room 8 | Second | Living Ro | 11.58 | 13.91 | Vinyl Floor, Window, Wainscoting |
| Room 9 | Second | Kitchen | 8 | 6.99 | Vinyl Floor, W/O To Deck, Stainless Steel Appl |
| Room 10 | Second | Bedroom 4 | 11.32 | 10 | Vinyl Floor, Window, Closet |
| Room 11 | Second | Living Ro | 11.32 | 11.32 | Vinyl Floor, Window, Combined w/Kitchen |
| Room 12 | Second | Kitchen | 6.17 | 7.9 | Vinyl Floor, Stainless Steel Appl, Open Concept |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Second |
| Washroom Type 2 | 3 | Main |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Second |
| Washroom Type 7 | 3 | Main |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Arts Centre, Park |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| Real Broker Ontario Ltd. |
|
|
Anne Saint-Amour
Sales Representative
Bus:
905-878-8101
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Style: | 2-Storey |
| Tax: | $4,686.99 |
| Beds: | 4 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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