265 Barrie Road, Orillia | Image 1

265 Barrie Road

Orillia, Orillia

  • Commercial

$1,200,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-2 To 5 Units

  • Zoning: RES

  • Age: No Data

  • Taxes: 10073.33

  • MLS®#: S9362773

  • Days on Site: 11 Days

  • Added: Sep 22, 2024 (1 month ago)

  • Updated:

  • Last Checked: 10 hours ago

  • Listed By: CRESCENT REAL ESTATE INC.

Buy with as little as 5% down! Introducing your next lucrative investment opportunity! This charming 5-unit multiplex in the heart of Orillia offers an incredible chance for seasoned investors and newcomers looking to expand their portfolio. All units feature spacious two-bedroom, one-bathroom units and in-unit laundry. There is significant potential for increased rental rates compared to the current market. Sitting on a half-acre lot, there is potential to expand the existing building and/or add more suites.

Extras

All appliances in as-is condition

Property

  • Status: Sale

  • Type: Apts-2 To 5 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Orillia

  • Community: Orillia

  • Availability Date: FLEX

Inside

  • Bathrooms: 5

  • Air Conditioning: N

  • Washrooms: 5

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Well

Parking

  • Garage Type: None

  • Covered Parking Spaces: 10

Fees

  • Tax Year: 2024

  • Tax Legal Description: Pt Lt 10 Con 4 South Orillia As In Ro1006602; Oril

  • Taxes: $10,073

  • Expenses: Act

  • Insurance Fee: 4800

  • Heat Expenses: 5000

  • Taxes Type: Annual

  • Taxes: 10073

  • Water Fees: 1600

Land

  • Cross Street: Barrie Rd & Westmoun

  • Municipality District: Orillia

  • Lot Depth: 247 Feet

  • Lot Frontage: 87 Feet

  • Zoning: RES

Additional Media

  • Virtual Tour: https://unbranded.youriguide.com/vSKXVUI02MSOD1/

Commercial Specific

  • Total Area: 3700

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Lot

  • Financial Statement: Y

  • Gross Income/Sales: 63118

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Map of 265 Barrie Road, Orillia
JK-6

ÉÉC Samuel-de-Champlain

Elementary: Catholic
2.09 km
JK-8

Monsignor Lee Separate School

Elementary: Catholic
2.21 km
JK-8

Orchard Park Elementary School

Elementary: Public
2.47 km
JK-8

Harriett Todd Public School

Elementary: Public
0.39 km
JK-8

Lions Oval Public School

Elementary: Public
1.64 km
JK-8

Regent Park Public School

Elementary: Public
2.35 km
9-12

Orillia Campus

Secondary: Public
1.27 km
9-12

Sutton District High School

Secondary: Public
33.25 km
9-12

Patrick Fogarty Secondary School

Secondary: Catholic
3.19 km
9-12

Twin Lakes Secondary School

Secondary: Public
0.70 km
9-12

Orillia Secondary School

Secondary: Public
1.70 km
9-12

Eastview Secondary School

Secondary: Public
28.27 km
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