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 flooring, 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:55598)
- MLS® S8172780
- Date Listed03/26/2024
- Days on Realty 146 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Subdivision Orillia
- Property Type Multi Family
- Water Public
- Square Feet 2,880 sq. ft
- Price Per Sq. Ft $503.47
Interior Features
- Appliances Cooktop, Range, Refrigerator, Stove, Window Coverings
- Cooling Fully Air Conditioned
- Heating Baseboard Heaters
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
19/100
Car-Dependent
Walk Score ®
0/100
Minimal Transit
Transit Score ®
65/100
Bikable
Bike Score ®
Overview
Almost all errands require a car. It is possible to get on a bus. Some bike infrastructure.Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 38/100.
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Frequently Asked Questions for 380 BAYVIEW PARKWAY
Source: Realty.com
380 BAYVIEW PARKWAY, Orillia, ON L3V3Y2 is a Multi Family, Residential Income property listed for $1,450,000 The property is 2880 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 14 photos of 380 BAYVIEW PARKWAY.
The full address for this home is 380 BAYVIEW PARKWAY, Orillia, ON L3V3Y2.
380 BAYVIEW PARKWAY has been listed on Realty.com since Tue March 26, 2024
Almost all errands require a car. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 21/100, Transit Score: 0/100, Bike Score: 38/100.
Listing provided courtesy of:
IPRO REALTY LTD.
(tel: (905) 268-1000)
Listing agent:
SALMAN ALAM
(tel: (647) 860-1223)
This content last refreshed on 2024-08-19 12:27:53. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 380 BAYVIEW PARKWAY, Orillia, ON L3V3Y2 : MLS® S8172780