Welcome to this remarkable [] investment located in the coveted neighborhood of Orillia. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $877,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Residential property with three self-contained units. Solid brick 1/2 story home in prime Orillia North Ward, steps from the Lake Couchiching. Legal duplex with 3 separate units, each with its own kitchen and bathroom with a total of 6 bedrooms, 3 bathrooms, 3 kitchens, 2 laundries. 3 bedroom unit on the main floor with its own washer/dryer, 1 bedroom unit upstairs, and 2 bedroom unit in the basement with its own washer/dryer. Live on the main floor and rent the other 2 units, or buy it as a pure income property. All units recently renovated. Fully fenced and gated backyard with a 3 car detached garage 31 x 29 ft with separate 9 ft doors and ample of parking. Steps to schools, Couchiching Golf Course, and the lake. Easy access to Hwy 11. Great cash flow: Basement rented for $1,995, upstairs for $1,250, main floor was rented for $2,200 and currently vacant. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Possibility to build 2 more units (2 garden suites) on top of the garage. Seller can assist with permits and construction. Recent updates: steel roof, furnace, air conditioner, some windows, hot water heater, electrical service. Pictures taken before tenants moved in and digitally modified to remove personal items.
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Data-driven valuation for 17 Champlain Street, Orillia, ON L3V 2G6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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