4 Beds 2 Bath

55 Fittons Road E, Orillia, ON L3V 2J2

Orillia L3V 2J2 Ontario

MLS: S12287132

$629,900

Added 1 day ago | For Sale

Listed by: ONE PERCENT REALTY LTD.

About Property

City-approved, legal duplex offering two self-contained, move-in ready units (up/down) with private entrances - ideal for investors, multi-generational families or homeowners looking to offset mortgage costs. This brick & siding home with metal roof (2017) delivers immediate cash flow in a high-demand rental area. The upper unit features 3 bedrooms, an updated 3-pc bath (tub/shower combo), full kitchen and open-concept living/dining space. The bright lower unit offers 1 bedroom, 3-pc bath (shower), large above-grade windows, an efficient kitchen and cozy living/eating area. Both units have been freshly painted in calming neutrals & include recent updates to kitchens, baths, flooring, doors & trim. Additional features: forced-air gas furnace, central A/C, covered carport and parking for 3-4 vehicles. The fully fenced backyard backs onto the peaceful Couchiching Golf Course - offering green views, added privacy and regular wildlife sightings. Projected rental income (Orillia averages): 3-bedroom unit: approx. $2,000-2,300/month. 1-bedroom unit: approx. $1,400-1,800/month. Total gross income: approx $40,800 - 49,200/year. Located just 7 minutes to downtown Orillia & the marina, 15 mins to Casino Rama and 30 mins to two ski resorts. Enjoy beaches, year-round festivals, dining and recreation at your doorstep. A rare opportunity to secure a hands-off investment with great returns - or enjoy home ownership with a healthy built-in income stream. Be sure to view the 3D tour and slideshow below, then book your showing and discover the income potential and mortgage versatility this turnkey gem truly has to offer!

Features

  • House Style:Semi-Detached
  • Bathrooms:2
  • Land Size: 35 X 200.36
  • Water:Municipal
  • Garage Spaces: /Carport
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:West St N
  • Basement:Separate Entrance,Apartment , Separate Entrance,Apartment
  • Possession Date:Flexible
  • Annual Property taxes: $3192.93
  • Bedrooms:4
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:S12287132

Level Type Features Dimensions
Main Living Room 15 ft, 3 in x 13 ft
Dining Room 15 ft, 3 in x 10 ft
Kitchen 11 ft, 5 in x 10 ft
Upper Primary Bedroom 14 ft, 7 in x 10 ft, 5 in
Bedroom 2 15 ft, 1 in x 10 ft
Bedroom 3 10 ft, 9 in x 10 ft, 2 in
Bathroom 8 ft, 10 in x 7 ft, 6 in
Lower Living Room 14 ft, 2 in x 12 ft, 10 in
Kitchen 11 ft, 2 in x 8 ft, 9 in
Bedroom 4 13 ft, 4 in x 8 ft, 8 in
Bathroom 9 ft, 11 in x 4 ft
Laundry 9 ft, 11 in x 7 ft, 11 in

No property rooms available.

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