371 East St

Orillia | Orillia | L3V 4C6
  • 9 + 1
  • 4
  • 0

$1,149,999

Est. Mtg $3,899 /mo
  • Days on market

    125

  • Status

    New

Listing Broker ZOLO REALTY
Since listed: 2 views

Home details

MLS #:

S8396926

Property type:
Fourplex
Style:
2-Storey
Taxes:
$6,659
Possession:
Tenanted
Lot Front:
44.0   Feet
Lot Depth:
115.0   Feet
Basement:
Apartment |
Driveway Pkg:
5
Heat:
Gas | Forced Air

Description


371 East St, , Orillia, Ontario is a Fourplex property in Orillia and in the Orillia community in the L3V 4C6 postal code


This Property Is A Legal Fourplex That Generates A High Income Of Approximately $82800 Annually For The Owner. The Annual Expenses Are Roughly: Hydro 580/month Gas 360/month Water 320/month Insurance 500/month Tax 4800/year Maintenance 2000/year. Monthly rental income: Unit 1 $1550, unit 2 $1650, unit 3 $1850, unit 4 $2000. The Location Of The Property Is Great And There Is A High Demand For Rentals In The Area. The Property Is Easy To Finance And Has A Walk Score Of 35 And A Bike Score Of 64. There Are A Total Of 10 Bedrooms In The Property And It Is Close To The Water And Downtown Area. Motivated Seller..

Extras

Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses..


History

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List Date End Date List Price End Price Status MLS #
2022-01 2022-01 $699,900 $830,000 Sld S5472585
2022-09 2022-12 $1,500,000 $1,500,000 Exp S5767860
2023-04 2024-01 $1,250,000 $999,999 Ter S6013245
2024-04 2024-06 $1,199,999 $1,199,999 Ter S8241026
2024-06 2024-09 $1,149,999 $1,149,999 New S8396926
2018-10 $1,219,000 $399,900 S4228702
2023-08 $459,000 $449,000 S6236511
2023-07 $389,900 $384,900 S6291265
2023-07 $445,000 $399,900 S6233761
2022-10 $1,500,000 $1,500,000 S5764710
2023-07 $449,000 $449,000 S6239290

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Orillia :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 371 East St

Based on available 3rd party data

$4589

Approximate costs per month

Mortgage
$3899 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$554 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ZOLO REALTY
Data Source: TRREB

Payment calculator

$4454 monthly. In association with: TD Bank
%
  • Principal and Interest
    3899 /mo
  • Property Taxes
    $554 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Darshan Kakar, Realtor

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