81 & 85 Peter Street, Orillia, ON L3V 5B3

Orillia L3V 5B3 Ontario

MLS: S12328442

$1,400,000

Added 34 days ago | For Sale

Listed by: MYSAK REALTY INC.

About Property

Going-in cap rate of 6.9% cap rate + approx 35%+ lift on overall rent roll. An add-value investors ideal next project. 2 buildings, 12-units (7x 1b &5x bach). Built with durable Concrete/block construction. Laundry on site. 10 parking spots. Clean ESA Phase 1 (2025). Located downtown Orillia and 3-minute drive from Hwy 11 and Costco.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 95 X 64
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:PETER & ELGIN
  • Basement: ,
  • Possession Date:FLEXIBLE
  • Annual Property taxes: $14588
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Water Radiators
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:S12328442

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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