53 Elgin Street

Orillia, ON

MLS® 40651043

For sale
$719,900

Bedrooms
4
Bathrooms
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
Property Type
Residential
Other Structures
Shed(s)
Community Features
Rectangular
Ample Parking
City Lot
Public Parking
Public Transit
Shopping Nearby
Building
Appliances
Refrigerator
Stove
Basement Type
Walk-Up Access
Partial
Partially Finished
Sump Pump
Bathrooms
3
Bedrooms
4
Building Type
Multi-3 Unit
Construction Materials
Brick
Vinyl Siding
Security Features
Carbon Monoxide Detector
Carbon Monoxide Detector(s)
Security System
Heating
Baseboard
Electric
Forced Air
Natural Gas
Roof
Asphalt Shing
Sewer
Sewer (Municipal)
Stories
3
Water Source
Municipal
Land
Lot Depth
99.5 ft
Lot Front
42.00 ft
Acres
< 0.5 Acres
Zoning
R3
Landscape Features
Year Round Living
Walk Score
Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia - M298
Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia - M428

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Listing ID: 154191421
Last Updated: 2024-11-15 17:43:35