53 Elgin Street
Orillia, ON
MLS® 40651043
Bedrooms
4Bathrooms
3 Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas - electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord's storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants.
Property Details
Parking Total
3
3
Property Type
Residential
Residential
Other Structures
Shed(s)
Shed(s)
Community Features
Rectangular
Ample Parking
City Lot
Public Parking
Public Transit
Shopping Nearby
Building
Appliances
Refrigerator
Stove
Refrigerator
Stove
Basement Type
Walk-Up Access
Partial
Partially Finished
Sump Pump
Walk-Up Access
Partial
Partially Finished
Sump Pump
Bathrooms
3
3
Bedrooms
4
4
Building Type
Multi-3 Unit
Multi-3 Unit
Construction Materials
Vinyl Siding
Vinyl Siding
Security Features
Carbon Monoxide Detector
Carbon Monoxide Detector(s)
Security System
Carbon Monoxide Detector
Carbon Monoxide Detector(s)
Security System
Heating
Baseboard
Electric
Forced Air
Natural Gas
Baseboard
Electric
Forced Air
Natural Gas
Roof
Asphalt Shing
Asphalt Shing
Sewer
Sewer (Municipal)
Sewer (Municipal)
Stories
3
3
Water Source
Municipal
Municipal
Land
Lot Depth
99.5 ft
99.5 ft
Lot Front
42.00 ft
42.00 ft
Acres
< 0.5 Acres
< 0.5 Acres
Zoning
R3
R3
Landscape Features
Year Round Living
Walk Score
Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia - M298
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Last Updated: 2024-10-12 20:37:40