31 Frederick Street , Orillia, ON L3V 5W5
Orillia, ON L3V 5W5
Description
This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7 separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy.
Details
| Mls | 40658621 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Days On Site | 60 |
| Listing Provided By | REVEL Realty Inc. Brokerage | Samantha Wallace |
Features
| Beds | 2 |
|---|---|
| Baths | 2 |
| Sq Feet | 3,175 |
| Basement | Y |
| Storys | 2 |
| Units | 3 |
| Zoning | HC2 |
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Learn More About This Property
| State | ON |
|---|---|
| County | Simcoe County |
| City | Orillia |
| Zip Code | L3V 5W5 |
| Area | Orillia |
| Subarea | South Ward |
| Community Name | South Ward |
| Listing VS Median (in South Ward) | |
Price: $999,900 low | high Med: $669,000 SqFt: 3,175 low | high Med: 1,100 $ / SqFt: $315 low | high Med: $608 On Site: 60 low | high Med: 174.000000 | |
