113 Colborne Street E, Orillia, Ontario

$799,000

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3

Beds

2

Baths

1,700

Square feet

0.08

Acres

About 113 Colborne Street E

Prime Real Estate Opportunity! 3-plex in the heart of Orillia 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, some windows replaced. The downtown waterfront redevelopment really does make this a prime investment opportunity! Property being sold As Is, with no representation or warranty by Seller. (id:6289)

Features of 113 Colborne Street E

Listing # 40375997
Price $799,000
Bedrooms 3
Bathrooms 2.00
Square Footage 1,700
Acres 0.08
Type Multi-family
Sub-Type Freehold

Community Information

Address 113 Colborne Street E
Subdivision North Ward
City Orillia
Province Ontario
Postal Code L3V1V2

Amenities

Amenities Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping
Utilities Cable, Electricity, Natural Gas, Telephone
Features Park/reserve, Crushed stone driveway
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling fans
Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick, Wood
Construction Wood frame
Foundation Block

Listing Details

OfficeKeller Williams Experience Realty, Brokerage (Unit B)

Listing Map

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