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49 Victoria Street Orillia, Ontario L3V 2V7

4 Bedroom 2 Bathroom
Forced Air

$649,900

Are you an investor searching for a legal duplex with positive cash flow or a first time home buyer welcoming additional income to supplement your mortgage payments? Welcome to 49 Victoria Street in the heart of booming Orillia! This fully renovated legal Duplex was rebuilt from the studs out in 2008 and has recently been updated from top to bottom with newer vinyl siding creating a beautiful curb appeal along with many other recent renovations and upgrades including a fully waterproofed basement, french drain, new sump pump and newer shingles not to mention separate entrance areas for both units complete with added storage! This beautiful home is turn key and ready for you to start making money right away with 2 self contained above-grade apartments both featuring 2 bedrooms, updated kitchens, 4 piece baths and separate ensuite laundry faciltiies. The second floor unit comes occupied with a AAA Tenant currently paying $1,950.00 per month + utilities while the lovely main floor unit offers vacant possession for your own personal use or a new tenant of your choice! Rarely do opportunities like this one come along! Both units are separately metered for electrical services making property management a breeze! **** EXTRAS **** Opportunity knocks for future development on this unique property....You can add yet a 3rd source of income as this duplex is located on a double wide lot which allows for an additional garden suite to be built on the east side of the lot!! (id:53086)

Property Details

MLS® Number S9056483
Property Type Single Family
Community Name Orillia
Amenities Near By Public Transit, Schools, Hospital, Place Of Worship
Community Features School Bus
Equipment Type Water Heater - Electric
Features Flat Site, Dry
Parking Space Total 6
Rental Equipment Type Water Heater - Electric

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Amenities Separate Heating Controls, Separate Electricity Meters
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Exterior Finish Vinyl Siding
Flooring Type Laminate, Vinyl
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type House
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Schools, Hospital, Place Of Worship
Sewer Sanitary Sewer
Size Depth 66 Ft ,7 In
Size Frontage 85 Ft
Size Irregular 85 X 66.66 Ft
Size Total Text 85 X 66.66 Ft
Zoning Description Residential Duplex

Rooms

Level Type Dimensions
Second Level Great Room 3.6576 m x 2.7432 m
Second Level Kitchen 3.2004 m x Measurements not available
Second Level Primary Bedroom 3.8862 m x 3.022 m
Second Level Bedroom 2 2.7717 m x 2.59 m
Main Level Great Room 4.1148 m x 2.9718 m
Main Level Kitchen 3.2004 m x 2.1082 m
Main Level Primary Bedroom 3.81 m x 2.7432 m
Main Level Foyer 2.159 m x 1.32 m
Main Level Bedroom 2 2.7177 m x 2.5146 m
Main Level Foyer 2 m x 1 m

https://www.realtor.ca/real-estate/27219174/49-victoria-street-orillia-orillia