Homes for sale - 53 Elgin Street, Orillia, ON L3V 1S1

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Ivan Gascho

[email protected] +1(519) 573-7440

Listed by Leah C. Cavanaugh • Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia

$ 719,900

Est. payment -/mo

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Price Dropped by $10K

53 Elgin Street Orillia, ON L3V 1S1

4 Beds

3 Baths

2,005 SqFt

UPDATED:

11/15/2024 05:43 PM

Key Details

Property Type Multi-Family

Sub Type Multi-3 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 2,005 sqft

Price per Sqft $359

MLS Listing ID 40651043

Bedrooms 4

Abv Grd Liv Area 2,005

Originating Board The Lakelands

Year Built 1915

Annual Tax Amount $4,849

Property 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.

Location

Province ON

County Simcoe County

Area Orillia

Zoning R3

Direction Elgin Street, between Peter & Matchedash Streets

Rooms

Other Rooms Shed(s)

Basement Walk-Up Access, Partial, Partially Finished, Sump Pump

Kitchen 0

Interior

Heating Baseboard, Electric, Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry Coin Operated, Common Area

Exterior

Exterior Feature Year Round Living

Garage Gravel

Waterfront No

Roof Type Asphalt Shing

Porch Porch

Lot Frontage 42.0

Lot Depth 99.5

Garage No

Building

Lot Description Rectangular, Ample Parking, City Lot, Public Parking, Public Transit, Shopping Nearby

Faces Elgin Street, between Peter & Matchedash Streets

Story 2.5

Foundation Concrete Block, Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 586680098

Ownership Freehold/None

Ivan Gascho

Broker | License ID: 5015171

+1(519) 573-7440

Ivan Gascho

53 Elgin Street Orillia, ON L3V 1S1

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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53 Elgin Street