Exceptional Opportunity To Own A Well-Maintained, Income Generating Legal Duplex In A Desirable Orillia Neighbourhood. This Unique Vertical Split Design Offers Two Self-Contained Units, Essentially Two Homes Under One Roof, A Rare Offering In This Price Point. Providing Excellent Flexibility For Investors Or End Users Alike. Each Unit Features Its Own Functional Layout With Spacious Principal Rooms, Making This Property Highly Attractive To Quality Tenants. Ideal For Savvy Investors Looking To Add A Solid Asset To Their Portfolio, Or For First Time Buyers Seeking To Offset Carrying Costs By Living In One Unit While Generating Rental Income From The Other. Situated On A Generous Lot With A Private Backyard And Large Deck, Perfect For Outdoor Enjoyment And Added Tenant Appeal. Conveniently Located Within Walking Distance To Schools, Shopping, And Public Transit, Ensuring Strong Rental Demand And Long Term Value. Zoned For Residential Use With Income Potential, This Is A Rare Opportunity To Secure A Versatile Property That Offers Both Lifestyle And Financial Upside. (id:4069)
Address
342 LINWOOD AVENUE
List Price
$649,000
Property Type
Multi-family
Type of Dwelling
Multi-family
Transaction Type
Sale
Area
Ontario
Sub-Area
Orillia
Bedrooms
5
Bathrooms
4
Floor Area
1500 - 2000 Sq. Ft.
Lot Size
41 x 116.4 FT Sq. Ft.
MLS® Number
S12902444
Listing Brokerage
LPT REALTY
Basement Area
N/A
Postal Code
L3V2X1
Zoning
R2
Site Influences
Beach, Hospital, Schools
