380 Bayview Pkwy Orillia, Ontario L3V 3Y2
MLS# S8172780 - Buy this house, and I'll buy Yours*
$1,450,000
Looking for a turn key investment? Only 19 years old, this is an exceptional purpose built 5-plex with very low maintenance costs, featuring 4 two bedrooms units and 1 bachelor unit, all with 1 kitchen and bathroom. Occupied with triple A tenants, this property yields very strong cash flow, resulting in an excellent cap rate. The units have all been beautifully renovated with commercial grade flooring, new kitchens and bathrooms. An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants. Baseboard heating in bedrooms & heat/air conditioner unit in the living rooms. Located right across the street from the lake, and conveniently located just minutes from Hwy 12 and downtown Orillia, this is an opportunity to buy and benefit from the revitalization of Orillia. Financials Attached. **** EXTRAS **** This Property is Also Zoned for Commercial Use, providing Great Future Potential. Conveniently Located Minutes to Lake Couchiching, Parks, Trails, Restaurants and So Much More. (id:51158)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
Property Details
| MLS® Number | S8172780 |
| Property Type | Multi-family |
| Community Name | Orillia |
About 380 Bayview Pkwy, Orillia, Ontario
This For sale Property is located at 380 Bayview Pkwy Multi-family Multi-Family set in the community of Orillia, in the City of Orillia Multi-family bedroom(s), bath(s) . 380 Bayview Pkwy has Baseboard heaters heating and Fully air conditioned. This house features a Fireplace.
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This Orillia Multi-Family
The Current price for the property located at 380 Bayview Pkwy, Orillia is $1,450,000 and was listed on MLS on :2024-04-03 03:00:42
Building
| Cooling Type | Fully Air Conditioned |
| Heating Type | Baseboard Heaters |
| Size Interior | 2880 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Irregular | 90 X 135 Ft |
| Size Total Text | 90 X 135 Ft |
https://www.realtor.ca/real-estate/26667161/380-bayview-pkwy-orillia-orillia
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Get More info About:380 Bayview Pkwy Orillia, Mls# S8172780
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April 03 2024 03:00:42
Toronto Real Estate Board
Ipro Realty Ltd.