380 Bayview Pkwy

Orillia | Orillia | L3V 3Y2
  • 2880.0 sqft
  • 0 gar

$1,450,000

Est. Mtg $4,916 /mo
  • Days on market

    243

  • Status

    A

Listing Broker IPRO REALTY LTD.
Since listed: 1 views

Home details

MLS #:

S8172780

Property type:
Investment
Style:
Taxes:
$7,788
Possession:
Flexible
Condo Fee:
Lot Size:
90.0 X 135.0
Zoning:
C41
Use:
Apts-2 To 5 Units
Heat:
Baseboard

Description


380 Bayview Pkwy, , Orillia, Ontario is a Investment property in Orillia and in the Orillia community in the L3V 3Y2 postal code


Looking for a turn key investment? Only 19 years old, this is an exceptional purpose built 5-plex with very low maintenance costs, featuring 4 two bedrooms units and 1 bachelor unit, all with 1 kitchen and bathroom. Occupied with triple A tenants, this property yields very strong cash flow, resulting in an excellent cap rate. The units have all been beautifully renovated with commercial grade flooring, new kitchens and bathrooms. An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants. Baseboard heating in bedrooms & heat/air conditioner unit in the living rooms. Located right across the street from the lake, and conveniently located just minutes from Hwy 12 and downtown Orillia, this is an opportunity to buy and benefit from the revitalization of Orillia. Financials Attached..

Extras

This Property is Also Zoned for Commercial Use, providing Great Future Potential. Conveniently Located Minutes to Lake Couchiching, Parks, Trails, Restaurants and So Much More..



Payment calculator

$5565 monthly. In association with: TD Bank
%
  • Principal and Interest
    4916 /mo
  • Property Taxes
    $648 /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

Palma Dametto, Realtor

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