Going-in cap rate of 6.4% cap rate + approx 35%+ lift on overall rent roll. An add-value investors ideal next project. 2 buildings, 12-units (7x 1b & 5x bach). Built with durable Concrete/block construction. Laundry on site. 10 parking spots. Located downtown Orillia and 3-minute drive from Hwy 11 and Costco. |
Price | $1,500,000 |
Taxes: | $14588.00 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 81 & 85 Peter Stre , Orillia, L3V 5B3, Simcoe |
Postal Code: | L3V 5B3 |
Province/State: | Simcoe |
Directions/Cross Streets: | PETER AND ELGIN |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Category: | Apartment |
Use: | Apts - 6 To 12 Units |
Building Percentage: | T |
Total Area: | 6000.00 |
Total Area Code: | Square Feet |
Financial Statement: | F |
Chattels: | F |
Franchise: | F |
Water Expense: | $6262 |
Expenses Actual/Estimated: | $Est |
Washrooms: | 0 |
Heat Type: | Water Radiators |
Central Air Conditioning: | Partial |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
MYSAK REALTY INC. |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Simcoe |
Municipality: | Orillia |
Neighbourhood: | Orillia |
Tax: | $14,588 |
Fireplace: | N |