148 DUNEDIN STREET, Orillia, Ontario, L3V5T7

Property Description

Turnkey bungalow-style triplex in central Orillia offering strong cash flow and flexibility. Two units recently renovated with significant investment, providing modern finishes and low near-term maintenance. Two units currently rented, generating immediate income. Third unit is vacant and market-ready, with projected rent of $2,300/month, ideal for setting market rent or owner occupancy. List price of $899,999 supports a high cap rate, making this an excellent opportunity for investors or first-time buyers looking to live in one unit while renting the others to offset mortgage costs. Features include separate entrances to all units, private parking, and a durable metal roof. Conveniently located near downtown, hospital, shopping, and amenities. A rare chance to secure a solid income property with upside in a growing market. (id:64974)

Quick Facts

• Property Type: Triplex
• Style: Raised bungalow
• Bedrooms: 6 (6 above)
• Bathrooms: 3
• Attached: Yes
• Parking: 4 spaces (No Garage)
• Frontage: 70 ft (21.2 m)

Costs

• Annual Taxes: $6,092.30

Listing Provided by: CITYSCAPE REAL ESTATE LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.