119 Albert St S, Orillia, L3V 5L1

Home Overview

Description

WOW! Price reduction. Seller is motivated. $100,000 VTB , this could be your opportunity to get into real estate ownership or add to your investment portfolio. A recently updated / newly created 2 unit (in 2020), residential home, with a secondary unit (in-law) suite. Updated kitchens, bathrooms and flooring in both units. Each unit a spacious 1 bedroom. Provides strong income. Upper unit $1,500 per month all inclusive. Ground floor unit $1,800 per month all inclusive. Please note this is not a legal duplex however is zoned R2, thereby permitting a legal duplex. Buyer to acknowledge current building status, certainly can work with City of Orillia to create a legal duplex. Recent changes to the high density direction, this property is within an area of City of Orillia high density residential plans combined with such a large Lot 47' X 165', the potential to develop a Tri-plex or 4-plex would be worth the investigation. Property has 2 driveways. Windows and roof shingles are updated.

3 months

On Market

Duplex

Property Type

$2,732 / Year

Est. Taxes

$0 / Month

Maint. Fees

-

Locker

100+

Year Built