header

$1,649,900
Available - For Sale
Listing ID: S12031330
Are you an investor? Looking for an investment where the numbers finally work? 1) Presenting an exquisite 5-plex investment property where you have the opportunity to set your own rents, fully reimagined with meticulous attention to detail. This property boasts four legally recognized units, with the front of the house being gutted to the studs and rebuilt new, and the back half is newly built to the highest standards, with luxurious finishes. 2) Step into each unit and be welcomed by stunning kitchens, outfitted with top-of-the-line stainless steel appliances and stylish cabinetry. The renovations extend to every aspect of the units, including individual air conditioning units, in-suite washers and dryers, and elegantly appointed bathrooms with towel warmers. And Triple-glazed front windows ensure quiet interiors, even with the property's prime location. 3) This property is approved for short-term rental and meets all requirements, fully compliant with the City of Orillia regulations. Units 1, 2, 3, and 4 are being offered fully furnished, and the property features a new metal roof, new upgraded flooring, new floor joists, new electrical, new plumbing, spray foam insulation, a high-end security camera system, and a sprinkler system, ensuring peace of mind and energy efficiency. 4) The property's separately metered 200-amp service allows for precise control over heating and hydro, facilitated by an energy-efficient on-demand hot water boiler with durable aluminum radiators for longevity. State-of-the-art access control technology enables remote management, making ownership effortless. 5) Situated in the heart of the city, directly across from the hospital, this property benefits from HC2 zoning, permitting a wide range of uses and offering excellent potential for future development. This 5-plex is more than just a place to live - it's an exceptional investment opportunity where every detail has been crafted to offer both luxury and practicality.
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $82,495 $164,990 $247,485 $329,980
First Mortgage $1,567,405 $1,484,910 $1,402,415 $1,319,920
CMHC/GE $43,103.64 $29,698.2 $24,542.26 $0
Total Financing $1,610,508.64 $1,514,608.2 $1,426,957.26 $1,319,920
Monthly P&I $6,897.68 $6,486.95 $6,111.55 $5,653.12
Expenses $0 $0 $0 $0
Total Payment $6,897.68 $6,486.95 $6,111.55 $5,653.12
Income Required $258,663.14 $243,260.61 $229,183.02 $211,991.81

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal LePage Quest

214 Mississaga Stre West , Orillia, L3V 3B5, Simcoe

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Multiplex
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style: 2-Storey
Lot Size: x 165.00(Feet)
Approximate Age:
Tax: $6,420
Maintenance Fee: $0
Beds: 4
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Room & Interior
Exterior
Utilities
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

FEATURED PROPERTIES

BESbswy