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17 CHAMPLAIN STREET, Orillia

Property Overview - Multi-Family For sale

Price$ 877 000
MLS® #S12821878TypeMulti-Family
Bedrooms6 BedBathrooms3 Bath
Postal CodeL3V2G6

Residential property with three self-contained units. Solid brick 1/2 story home in prime Orillia North Ward, steps from the Lake Couchiching. Legal duplex with 3 separate units, each with its own kitchen and bathroom with a total of 6 bedrooms, 3 bathrooms, 3 kitchens, 2 laundries. 3 bedroom unit on the main floor with its own washer/dryer, 1 bedroom unit upstairs, and 2 bedroom unit in the basement with its own washer/dryer. Live on the main floor and rent the other 2 units, or buy it as a pure income property. All units recently renovated. Fully fenced and gated backyard with a 3 car detached garage 31 x 29 ft with separate 9 ft doors and ample of parking. Steps to schools, Couchiching Golf Course, and the lake. Easy access to Hwy 11. Great cash flow: Basement rented for $1,995, upstairs for $1,250, main floor was rented for $2,200 and currently vacant. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Possibility to build 2 more units (2 garden suites) on top of the garage. Seller can assist with permits and construction. Recent updates: steel roof, furnace, air conditioner, some windows, hot water heater, electrical service. Pictures taken before tenants moved in and digitally modified to remove personal items.

Land Details

Size Frontage50
Size Depth154 ft ,5 in
Lot size50 x 154.48 FT
Zoning DescriptionR2

Building Details

TypeMulti-Family
Property TypeMulti-family
Bathrooms Total3
Bedrooms Total6
Cooling TypeFully air conditioned
Heating FuelNatural gas
Heating TypeForced air
Utility WaterMunicipal water
View Property on Interactive MapDriving Directions (Google Maps)


This listing of a Multi-family property For sale is courtesy of JULIA VLADIMIRSKY from REMAX YOUR COMMUNITY REALTY