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73 Coldwater Street E Orillia, Ontario L3V 1W6

4 Bedroom 2 Bathroom 1886.2 sqft
None

$725,000

Unmatched investment opportunity with this stylish legal duplex situated just 300 meters from Orillia's revitalized waterfront and vibrant downtown! Welcomed by a large covered front porch, this property features two spacious and updated units, each with 2 bedrooms and 1 full bathroom. The main floor unit offers exclusive access to a covered back deck and an unfinished basement for ample storage. Enjoy the ease of a low-maintenance yard and additional parking in the rear. Heated by an efficient natural gas boiler, with recent upgrades including a new boiler installed in 2022 and a freshly painted exterior, along with some interior painting. The DS1 zoning provides remarkable versatility for commercial uses, enhancing its investment potential. With public transportation available right out the front door, getting around is a breeze. Enjoy nearby amenities, including restaurants grocery, pharmacy, trails and the beach just a short walk or drive away. The neighbourhood is renowned for its vibrant community vibe, hosting lively local events, festivals and markets both downtown and at the waterfront. The ongoing waterfront revitalization and luxury residential development further enhance the area's appeal and future value. Don't miss out on this spectacular opportunity to invest in a prime location with limitless potential! (id:53086)

Property Details

MLS® Number 40601439
Property Type Multi-family
Amenities Near By Hospital, Park, Public Transit
Features Paved Driveway
Parking Space Total 3
Structure Porch

Building

Bathroom Total 2
Bedrooms Total 4
Appliances Microwave
Basement Development Unfinished
Basement Type Full (unfinished)
Constructed Date 1919
Cooling Type None
Exterior Finish Brick
Foundation Type Stone
Heating Fuel Natural Gas
Stories Total 2
Size Interior 1886.2 Sqft
Type Duplex
Utility Water Municipal Water

Parking

None

Land

Access Type Road Access
Acreage No
Land Amenities Hospital, Park, Public Transit
Sewer Municipal Sewage System
Size Depth 92 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description Ds1

https://www.realtor.ca/real-estate/27008524/73-coldwater-street-e-orillia