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Key Details
Sold Price $700,000
Property Type Multi-Family
Sub Type Multiplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Orillia
MLS Listing ID S12410355
Sold Date 10/01/25
Style 2-Storey
Bedrooms 6
Annual Tax Amount $8,012
Tax Year 2025
Property Sub-Type Multiplex
Lot Depth 65.0
Lot Front 50.0
Appx SqFt 2000-2500
Property Description
Going- cap rate of 7.7%. Gross annual income $80,040. 6-units (four bachelors & two 1 bedrooms). Building was totally renovated in 2023. New furnace and hot water tank (2023). Updated Plumbing (2023). Updated Electrical (2023). Clean ESA Phase 1 (2025). 5 Parking spaces.
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Rooms
Family Room No
Basement None
Kitchen 6
Interior
Interior Features None
Cooling None
Exterior
Pool None
Roof Type Tar and Gravel
Lot Frontage 50.0
Lot Depth 65.0
Total Parking Spaces 5
Building
Foundation Concrete Block
Others
Senior Community No
ParcelsYN No
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