For Sale - 155 ATHERLEY Road, Orillia, Ontario

Est payment $2,713/mo
Views   1
Time on Jump  1 days
  • Versatile property with two self-contained apartments, ideal for living or rental.
  • Upper unit has 3 bedrooms, lower unit offers 2 spacious bedrooms.
  • Recently updated with new flooring, countertops, and fresh paint.
  • Vacant property allows buyers to set own rents or occupancy plans.
  • Potential for future development with separate entrance plans and zoning options.



Welcome to 155 atherley road in orillia - an excellent opportunity for investors, first time buyers, or those looking for future development potential. This versatile property features two self-contained apartments, offering flexibility for a variety of living and income-generating arrangements. The upper unit includes 3 bedrooms, while the lower unit offers 2 spacious bedrooms-ideal for extended family living or rental income. The home has been recently painted throughout and shows exceptionally well, making it move-in ready. Additional updates include new flooring, countertops, light fixtures and more. With the property currently vacant, buyers have the rare advantage of setting their own rents or occupancy plans from day one. Projected rental income is strong, with estimates of approximately $2,100/month for the upper unit and $1,750/month for the lower unit. Whether you choose to live in one unit and rent the other, lease both units as a full investment property, or explore future redevelopment options, the possibilities here are substantial. An added highlight is the potential to create a separate entrance off millard street, which may allow for a duplex or 4-plex as per city zoning - further enhancing the property's income potential and long-term value (subject to municipal approvals). Located in a desirable area of orillia close to amenities, parks, and walking distance to tudhope park on couchiching lake, this property is a smart addition to any real estate portfolio or a flexible option for homeowners seeking supplemental income. Note for builders: the property beside this one is also for sale. Buying both would allow for even more options for its use!
Listing IDS13071864
Address155 ATHERLEY Road
CityOrillia, Ontario
Price$564,900
Bed / Bath5 / 2 Full
StyleBungalow-Raised, Detached
ConstructionMetal/Steel Siding, Brick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Accessory ApartmentOwnership FreeholdWaterfront NoneBasement Walk-Out, Finished, FullFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 5.00
ASAP

Sat

2

May

Sun

3

May

Mon

4

May

Tue

5

May

Wed

6

May

Thu

7

May

Fri

8

May

Sat

9

May

Sun

10

May

Mon

11

May

Tue

12

May

Wed

13

May

Thu

14

May

Fri

15

May

Sat

16

May

Sun

17

May

Mon

18

May

Tue

19

May

Wed

20

May

Thu

21

May

Fri

22

May

Sat

23

May

Sun

24

May

Mon

25

May

Tue

26

May

Wed

27

May

Thu

28

May

Fri

29

May

Sat

30

May

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

Listing Agency:  SUTTON GROUP INCENTIVE REALTY INC.

* Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

Hospital
Parks
Schools
Place of Worship
Please select an amenity above to view a list.

Recommended Properties

Loading...
155 Atherley Road
Orillia , Ontario
5 2 $564,900
Get more info