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$899,900
Available - For Sale
Listing ID: S11994496
INVESTMENT OPPORTUNITY IN ORILLIA LEGAL TRIPLEX FOR SALE 23 Elgin Street in vibrant and under revitalization in City of Barrie. 3 Units. Perfect for investors, multi-generational living, or those seeking to personalize a property. Available for immediate occupancy or possession, place your own tenants! Opportunity to move in, rent out, or make improvements to suit your needs. some previous updates such as roof and furnace replaced in 2020. Common laundry area and plenty of parking. Prime Location Minutes from downtown Orillia, the waterfront, boardwalk, parks, and local amenities. Great potential income opportunity! Unit Breakdown:1 Bed, 1 Bath , 1 Bed + Den, 1 Bath , 2 Bed, 1 Bath Spacious with balcony, This property offers an excellent opportunity to invest or create your home while enjoying rental income. With the units currently vacant, you can decide whether to rent out all or part of the building or move in and leverage the income from the other units. The location is ideal, providing easy access to the best of Orillias amenities. Enjoy proximity to the waterfront and boardwalk, perfect for relaxing walks or outdoor activities. Enjoy Downtown Orillia, with a variety of shops, like Mariposa market, dining, and entertainment options, nearby parks and recreational areas. For more information book your appointment. Explore the potential this property offers in a prime location.
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Asking Price: $ Heating: $ /Year  
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Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $38,950 $77,900 $116,850 $155,800
First Mortgage $740,050 $701,100 $662,150 $623,200
CMHC/GE $20,351.38 $14,022 $11,587.63 $0
Total Financing $760,401.38 $715,122 $673,737.63 $623,200
Monthly P&I $3,256.74 $3,062.81 $2,885.57 $2,669.12
Expenses $0 $0 $0 $0
Total Payment $3,256.74 $3,062.81 $2,885.57 $2,669.12
Income Required $122,127.76 $114,855.45 $108,208.73 $100,091.9

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK CHAY REALTY

23 Elgin Stre , Orillia, L3V 1R8, Simcoe

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Triplex
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style: 2-Storey
Lot Size: x 133.00(Feet)
Approximate Age:
Tax: $3,900
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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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

 

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