82 Fittons Road E Orillia, Ontario L3V 2J5

15 Bedroom 8 Bathroom 3,500 - 5,000 ft2
Central Air Conditioning Forced Air

$2,299,000

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. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 8 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. (id:47351)

Property Details

MLS® Number S12323957
Property Type Multi-family
Community Name Orillia
Parking Space Total 9

Building

Bathroom Total 8
Bedrooms Above Ground 15
Bedrooms Total 15
Appliances Water Heater, Stove, Washer, Refrigerator
Cooling Type Central Air Conditioning
Exterior Finish Brick Veneer
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 3,500 - 5,000 Ft2
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 94 Ft ,3 In
Size Frontage 110 Ft
Size Irregular 110 X 94.3 Ft
Size Total Text 110 X 94.3 Ft|under 1/2 Acre
Zoning Description R5i(h1)

Utilities

Cable Installed
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28689257/82-fittons-road-e-orillia-orillia