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    For Sale - 199 Nottawasaga Street, Orillia, Ontario

    Est payment $4,562/mo
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    Views   1
    Time on Jump  25 day

    AI Summary *

    • Well-maintained legal triplex providing steady rental income.
    • Two spacious 2-bedroom and one 1-bedroom apartments available.
    • Reliable tenants already in place for immediate cash flow.
    • Independently functioning laundry facilities in each unit for convenience.
    • Large lot with potential for expansion or detached garden suite.




    Turnkey investment or live & rent! Premium legal triplex with garden suite potentialmaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities. The units:two spacious 2-bedroom apartments: bright, large layouts designed for comfortable living. One generous 1-bedroom apartment: well-proportioned and highly rentable space. Bonus: excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one. Modern efficiency & premium features:this property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities. Massive value-add potential:sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached garden suite to add a fourth income stream! Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this orillia gem is a rare find.
    Listing IDS13739074
    Address199 Nottawasaga Street
    CityOrillia, Ontario
    Price$950,000
    Bed / Bath5 / 3 Full
    Style2 1/2 Storey, Triplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features OtherOwnership FreeholdBasement OtherFoundation ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

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    Listing Agency:  CASMIR REALTY

    * 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.

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    199 Nottawasaga Street
    Orillia , Ontario
    5 3 $950,000
    Get more info