Size
-
Lot size
10376 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$460 - $657
Taxes
$15,100 (2025)
Parking Type
-
Style
2 1/2 Storey
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Description
Turn-key investment property! Excellently maintained, purpose built, legal 8 unit apartment building. Located in northern Orillia in a quiet, well established neighborhood close to all amenities. Built in 2016 this 8-plex has 7, 2 bedroom units and 1, 1 bedroom units. Strong rents which are mostly close to market value this property is approximately a 5.31% return on cash investment. Very little maintenance required, generally fairly hands off property. All tenants pay their own utilities. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 9 parking spots and 1 handicapped parking spot. Do not go direct or bother tenants. Financials available upon inquiry. Buyer or their agent to verify that financials provided are true and accurate.
Broker: ED LOWE LIMITED
MLS®#: S12323957
Property details
Parking:
10
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
3500-5000 sqft
Lot front:
110 Ft
Lot depth:
94 Ft
Listed on:
Aug 5, 2025
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Instant estimate:
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$43,779
lower than listed pricei
High
$2,367,982
Mid
$2,255,221
Low
$2,142,460
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