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Home ON Greater Orillia Orillia
53 ELGIN Street
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53 ELGIN Street $719,900
$719,900
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53 ELGIN Street
Orillia, Ontario L3V1S1

MLS® Number: 40651043
4
Bedrooms
3
Bathrooms
2005
Square Feet

Listing Description

Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas - electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord's storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants. (68127788)

Location Description

Elgin Street, between Peter & Matchedash Streets

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2.5
Square Footage
2005 sqft
Subdivision Name
South Ward
Title
Freehold
Land Size
under 1/2 acre
Built in
1915
Annual Property Taxes
$4,849.44
Total Parking Spaces
3
Time on REALTOR.ca
54 days

Building

Bathrooms
Total
3
Interior Features
Basement Type
Partial (Partially finished)
Building Features
Features
Crushed stone driveway, Laundry- Coin operated, Sump Pump
Foundation Type
Block
Fire Protection
Security system
Structures
Shed, Porch
Total Units
3
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, (Electric), Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Amenities Nearby
Public Transit, Shopping
Parking
Total Parking Spaces
3

Measurements

Square Footage
2005 sqft
Above Grade Finished
2005 sqft
Source: Other

Land

Lot Features
Frontage
42 ft
Land Depth
100 ft
Other Property Information
Access
Road access
Zoning Description
R3
Data provided by: OnePoint - The Lakelands 34 Cairns Crescent, Huntsville, Ontario P1H 1Y3

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