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    78 West Street S

    Orillia, ON L3V 5G4
    • $6,900,000
    • STATUS: Active
    • ON SITE: 17 days
    • MLS #: 40101452
    UPDATED: 22 min ago
    $6,900,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Multi-Family
    County:
    Area:

    Description

    4.3 % cap rate. Being Sold as a Package Deal. 3 properties total of 31 units. 78 West St. S. is 17 Units. 34 Market ST. is 12 units and 42 Nottawasaga St. is 2 units. Unit breakdown 17 two bedroom units, 12 one bedroom units, 1 three bedroom unit, 1 bachelor unit. Turn key, professionally managed buildings, with up to date renovated units. Bonus there is an assumable commercial mortgage for only 1.9 %. Great Location in the downtown core. Walking distance to all amenities, downtown waterfront, hospital, library, theatre, main bus stations. Orillia is excellent city to invest in, always low vacancy rates- shortage of apartment buildings. Home to OPP provincial headquarters and Hydro One Provincial headquarter is moving here now. Strong growth projections. Major shopping centers. Only one hour from the GTA in the heart of Ontario's recreational center. Bordered by lake Simcoe and Lake Couchiching. Contact listing agent for information package on mortgage details, pro forma, building particulars and pictures.

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    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 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 purposes or any other purpose. Data updated daily.

    The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Data last updated: 2021-05-09T13:21:20.687.
    www.foresthillbarrie.com/homes/116346040
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    78 West Street S Orillia, ON L3V 5G4

    • Price: $6,900,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 40101452
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighbourhood:
    Orillia
    County:
    Simcoe County
    Area:
    Orillia
    Property Description
    4.3 % cap rate. Being Sold as a Package Deal. 3 properties total of 31 units. 78 West St. S. is 17 Units. 34 Market ST. is 12 units and 42 Nottawasaga St. is 2 units. Unit breakdown 17 two bedroom units, 12 one bedroom units, 1 three bedroom unit, 1 bachelor unit. Turn key, professionally managed buildings, with up to date renovated units. Bonus there is an assumable commercial mortgage for only 1.9 %. Great Location in the downtown core. Walking distance to all amenities, downtown waterfront, hospital, library, theatre, main bus stations. Orillia is excellent city to invest in, always low vacancy rates- shortage of apartment buildings. Home to OPP provincial headquarters and Hydro One Provincial headquarter is moving here now. Strong growth projections. Major shopping centers. Only one hour from the GTA in the heart of Ontario's recreational center. Bordered by lake Simcoe and Lake Couchiching. Contact listing agent for information package on mortgage details, pro forma, building particulars and pictures.
    Exterior Features

    Construction Materials Aluminum SidingBrickStucco (Plaster)Vinyl Siding Features In Area Ample ParkingArts CentreBeachBusiness CentreDowntownGolfHigh Traffic AreaHospitalLibraryMarinaParkPlace Of WorshipPlayground NearbyPublic ParkingPublic TransitRec./Community CentreSchoolsShopping NearbyTrailsVisual Exposure Fronting On East Garage YN No Location Urban Parking Assigned Space 35 Parking Driveway Spaces Total 35.00 Parking Features AsphaltOther Road Access Municipal RoadPaved RoadYear Round Road Roof Asphalt ShingFlatMembraneTar And Gravel Water Front YN No Year Roof Replaced 2017

    Interior Features

    Above Grade Finished Area 23130.00 Basement YN No Bathrooms Total 0 Building Area Total 23130.00 Cooling Other Heating BaseboardForced AirGasGas Hot Water Interior Features Separate Hydro MetersOther Kitchens Total 0

    Property Features

    Approximate Age 51-99 Years Assessment Year 2021 Common Interest Freehold/None Cross Street Colborne St Electric Expense 26308.00 Foundation Detail BlockSlab Inclusions Other Laundry Features Coin OperatedOther Laundry YN Yes Mls Status Active New Construction YN Yes Property Sub Type Multi-10+Unit Property Taxes 26118.00 Remaining Terms Of Lease As Per Rent Rolls Rented Equipment None Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Sewer Sewer (Municipal) Stories Total 2.0 Year Built Details Completed / New

    Listing information © 2021 Information Technology Systems Ontario.
    Listing provided courtesy of Theresa Coulson of Simcoe Hills Real Estate Inc. Brokerage.
    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 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 purposes or any other purpose. Data updated daily.

    The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Data last updated: 2021-05-09T13:21:20.687.
     
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    Forest Hill Real Estate Inc Brokerage
    54 Cedar Point Drive Unit 1207
    Barrie ON, L4N 5R7