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56 Nottawasaga Street Orillia, Ontario L3V 3J4

4 Bedroom 3 Bathroom 2212 sqft
None Radiant Heat

$799,999

Don't miss out on this incredible income property opportunity! This Legal triplex allows you to set your own rental rates, or potential for a Short Term Rental unit, One unit is occupied but can be vacant. Unit A features a spacious 1- bedroom, 1-bathroom layout with a generously sized kitchen and living room. Unit B, located on the second floor, offers 2 bedrooms, 1 bathroom, and a comfortable living space. Unit C spans two floors and is a unique 1-bedroom, 1-bathroom unit with an open-concept living room/kitchen. The property boasts parking for up to 4 cars, accessible from Albert Street off a lane. Additional features include hot water heating, a steel roof, updated electrical systems, and an owned hot water tank. The property has been well maintained. Seize this opportunity to maximize your investment potential in a prime location! Located downtown, walking distance to all amenities, shopping, library, opera house, hospital, parks and more. With DS1 zoning it has many commercial uses allowed including Office/Business/Day Nursery/Restaurant/Four Unit Dwelling/Art Gallery and more! (id:53086)

Property Details

MLS® Number 40592893
Property Type Multi-family
Amenities Near By Hospital, Park, Playground, Public Transit, Schools, Shopping
Features Southern Exposure
Parking Space Total 4

Building

Bathroom Total 3
Bedrooms Total 4
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1900
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Interior 2212 Sqft
Type Triplex
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Hospital, Park, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 122 Ft
Size Frontage 43 Ft
Size Total Text Under 1/2 Acre
Zoning Description Ds1

https://www.realtor.ca/real-estate/26926008/56-nottawasaga-street-orillia