14 Elgin Street

Orillia, ONMulti-family
$2,299,000
MLS® S13062022
Multi-family7 total[object Object]
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About This Property

Great investment opportunity in Otilia! This well-maintained 12-unit property offers a strong income potential with a desirable unit mix of six 1-bedroom units and six bachelor suites. The building includes seven parking spaces, adding extra value and convenience for tenants. Ideally located close to downtown, public transit, shopping, and schools, this property is highly attractive to students and urban renters alike. A solid addition to any investment portfolio with consistent rental demand in a prime location. Clean Phase 1 report available. (id:63604)

Key Facts

Type
Multi-family
Size
5,242 sqft
Lot
50 x 105 FT
Parking
7 total

Highlights

  • Washer
  • Dryer
Property Details 11 details
Parking
7 parking spaces
Living area
5,242 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Hot water radiator heat, Natural gas
Fireplace
No
Lot dimensions
50 x 105 FT
Frontage
50 feet
Taxes
$18,207.91
Zoning
C1
Water source
Municipal water

Interior features

WasherDryer

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$2,299,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Orillia
City
Orillia
Postal code
L3V 1R9
Nearby
Cross Streets: West Street S/Colborne St W. ** Directions: 14 Elgin St.