- For Sale
- 1 years ago
- 35 views
380 Bayview Parkway, Orillia, ON, L3V 3Y2
$1,450,000
Description
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 floo
ring, 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:25314)
Facts and Features
Type
Multi-family
year built
No Data
lot size
90 x 135 FT
Bedrooms
No Data
bathrooms
No Data
Garage
No Data
Status
Active
Property Overview
- Property ID
- 27761
- Category
- Residential
- Unit Number
- No Data
- View
- No Data
- Lot Size Dimensions
- 90 x 135 FT
- Lot Features
- No Data
- Common Interest
- No Data
Building and Architecture
- Building Type
- Multi-Family
- Architecture Style
- No Data
- Stories
- No Data
- Roof
- No Data
- Foundation Details
- No Data
- Exterior Features
- No Data
- Construction Materials
- No Data
Interior Features
- Living Area
- 2880 sqft
- Above Ground Finished Area
- No Data
- Below Ground Finished Area
- No Data
- Basement
- No Data
- Flooring
- No Data
- Fireplace
- No
- Fireplaces Total
- No Data
- Fireplace Features
- No Data
Parking
- Parking Type
- No Data
- Parking Spaces
- No Data
- Additional Parking Type
- No Data
- Additional Parking Spaces
- No Data
- Parking Fee
- No Data
- Parking Fee Frequency
- No Data
Appliances and Equipment
- Refrigerator
- Stove
- Range
- Cooktop
- Window Coverings
Property Features
- Heating
- Baseboard heaters
- Cooling
- Fully air conditioned
- Electric
- No Data
- Sewer
- No Data
- Water Source
- Municipal water
- Utilities
- No Data
- Community
- No Data
- Security
- No Data
Other Information
- Association Name
- No Data
- Association Fee
- No Data
- Association Fee Frequency
- No Data
- Association Fee Includes
- No Data
- Tax Annual Amount
- $7,787.92
- Existing Lease Type
- No Data
- Zoning
- No Data
- Zoning Description
- C41
