66 NOTTAWASAGA STREET, Orillia, ON L3V3J4
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66 NOTTAWASAGA STREET, Orillia, ON L3V3J4
66 NOTTAWASAGA STREET, Orillia, ON L3V3J4
66 NOTTAWASAGA STREET, Orillia, ON L3V3J4
66 NOTTAWASAGA STREET, Orillia, ON L3V3J4
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Lana Golowin

Lana Golowin

+1(416) 992-1325
$ 859,900
Est. payment /mo
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66 NOTTAWASAGA STREET Orillia, ON L3V3J4

4 Beds

4 Baths

1,500 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $573

Subdivision Orillia

MLS® Listing ID S13638498

Bedrooms 4

Property Description

7.3% cap. Most fourplexes that come up need something: units to renovate, rents to catch up, or a hydro bill you inherit. This one needs none of it. All four units are renovated, leased, and separately metered, so tenants carry their own power and your operating exposure stays where you can predict it. The quality of the finishes is why it leases the way it does. Units get picked up quickly and no more vacancy, which is the difference between a building that runs itself and one that runs you. The capital cycle is finished. Roof 2019. High-efficiency furnaces and attic insulation 2020. Roof and eave heating cables 2021. Concrete collar, upper-level siding and storage shed 2022. Paved parking and main-floor air conditioning 2023. Water heater owned, not rented. Solid brick construction, zoned Fourplex, with four parking spaces, shared basement laundry and private entrances for the main-floor units. The businesses of Downtown Orillia, waterfront boardwalk, scenic trails and Lakehead University are all a walk away, which is what keeps the tenant pool deep and the units full. (id:24570)

Location

State ON

Rooms

Kitchen 4.0

Extra Room 1 Second level 3.45 m X 3.45 m Living room

Extra Room 2 Second level 1.88 m X 2.41 m Kitchen

Extra Room 3 Second level 3.48 m X 3.78 m Bedroom 3

Extra Room 4 Second level 3.53 m X 4.24 m Living room

Extra Room 5 Second level 2.44 m X 2.13 m Kitchen

Extra Room 6 Second level 3.45 m X 3.05 m Bedroom 4

Interior

Heating Forced air

Cooling Wall unit

Flooring Vinyl

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Sanitary sewer

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Listed by Real Broker Ontario Ltd.

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+1(416) 992-1325
1100 Bennett Rd, Clarington, ON, L1C 0Y7, CAN
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66 NOTTAWASAGA STREET