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Orillia,ON L3V 5B3
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $233
Subdivision Orillia
MLS Listing ID S12328442
Annual Tax Amount $14,588
Tax Year 2025
Property Sub-Type Investment
Property Description
Going-in cap rate of 6.9% cap rate + approx 35%+ lift on overall rent roll. An add-value investors ideal next project. 2 buildings, 12-units (7x 1b &5x bach). Built with durable Concrete/block construction. Laundry on site. 10 parking spots. Clean ESA Phase 1 (2025). Located downtown Orillia and 3-minute drive from Hwy 11 and Costco.
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Interior
Cooling Partial
Exterior
Utilities Available Yes