113 Colborne Street E

Prime Real Estate Opportunity! 3-plex in the heart of Orillia with 6 car parking and within walking distance to the waterfront, downtown shops and restaurants. The main floor 1 bedroom unit is owner-occupied and will be vacant on possession. The upper level two bedroom unit is vacant allowing you to tenant at market rent and the main floor studio is currently tenanted, generating approximately $1200(inclusive) per month with an A+ tenant who must be assumed. Here's your opportunity to live in one unit and have the other units help pay your mortgage. Or add to your investment portfolio as a rental property. Upgrades include: Metal roof (2020), High Eff Napoleon Furnace (2020), new flooring upper level unit. The downtown waterfront redevelopment really does make this a prime investment opportunity!