17 CHAMPLAIN STREET, Orillia, Ontario, L3V2G6

Property Description

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 for $2,200 but moving out in April. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Can 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. (id:64974)

Quick Facts

• Property Type: Multi-Family
• Bedrooms: 6
• Bathrooms: 3
• Living Area: 7,724 sq ft (717.6 m²)
• Attached: Yes
• Parking: 3 spaces
• Frontage: 50 ft (15.2 m)

Costs

• Annual Taxes: $2,706.00

Listing Provided by: REMAX YOUR COMMUNITY REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.