Residential property with three self-contained units. Solid brick 1/2 story home in prime Orillia North Ward, steps from the Lake Couchiching. Legal duplex with 3 separate units, each with its own kitchen and bathroom with a total of 6 bedrooms, 3 bathrooms, 3 kitchens, 2 laundries. 3 bedroom unit on the main floor with its own washer/dryer, 1 bedroom unit upstairs, and 2 bedroom unit in the basement with its own washer/dryer. Live on the main floor and rent the other 2 units, or buy it as a pure income property. All units recently renovated. Fully fenced and gated backyard with a 3 car detached garage 31 x 29 ft with separate 9 ft doors and ample of parking. Steps to schools, Couchiching Golf Course, and the lake. Easy access to Hwy 11. Great cash flow: Basement rented for $1,995, upstairs for $1,250, main floor for $2,200 but moving out in April. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Can build 2 more units (2 garden suites) on top of the garage. Seller can assist with permits and construction. Recent updates: steel roof, furnace, air conditioner, some windows, hot water heater, electrical service. Pictures taken before tenants moved in and digitally modified to remove personal items. (id:4069)
Address
17 CHAMPLAIN STREET
List Price
$877,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Orillia
Bedrooms
6
Bathrooms
3
Floor Area
7,724 Sq. Ft.
Lot Size
50 x 154.48 FT Sq. Ft.
MLS® Number
S12821878
Listing Brokerage
REMAX YOUR COMMUNITY REALTY
Postal Code
L3V2G6
Zoning
R2
Site Influences
Highway, Public Transit
