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$1,500,000
Est. payment /mo
6,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $250
Subdivision Orillia
MLS Listing ID S12286177
Annual Tax Amount $14,588
Tax Year 2025
Property Sub-Type Investment
Property Description
Going-in cap rate of 6.1% cap rate + approx 35%+ lift on overall rent roll. An add-value investors ideal next project. 2 buildings, 12-units (7x 1b & 5x bach). Built with durable Concrete/block construction. Laundry on site. 10 parking spots. Located downtown Orillia and 3-minute drive from Hwy 11 and Costco.
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Zoning MULTI RESIDENTIAL
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 95.0
Lot Depth 64.0
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Listed by MYSAK REALTY INC.