560 WEST STREET S new

Orillia,ON L3V5H6

$ 2000000

- Bed

- Bath

15000 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $133

Subdivision Orillia

MLS Listing ID S12285986

Source Toronto Regional Real Estate Board

Property Description

$105K/unit at a 7.8% cap rate on a massive 38,353 sq. ft. lot. Features include 25 on-site parking spots and shared laundry facilities. Built with Concrete/block construction with a pitched steel roof for long-term durability. Located steps from Lake Simcoe and just a 5-minute drive to Hwy 11 and Costco. Strong upside on rent roll in a supply-constrained rental market. Legal non conforming building. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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