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    For Sale - 240 Clayborne Place, Orillia, Ontario

    Est payment $4,749/mo
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    Time on Jump  1 days

    AI Summary *

    • Well-located fourplex just minutes from the waterfront.
    • Four self-contained apartments with a mix of 1-bedroom and 2-bedroom units.
    • Two updated units and two with renovation potential for added value.
    • Existing tenants provide immediate rental income from day one.
    • Parking for six vehicles and a spacious rear yard for residents.




    An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and expenses available
    Listing IDS14088928
    Address240 Clayborne Place
    CityOrillia, Ontario
    Price$989,000
    Bed / Bath6 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Separate Hydro MeterFeatures Irregular LotOwnership FreeholdBasement Crawl SpaceFoundation SlabHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 6.00
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    Listing Brokerage: CENTURY 21 B.J. ROTH REALTY LTD.

    * 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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    240 Clayborne Place
    Orillia , Ontario
    6 4 $989,000
    Get more info