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$799,900
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23 Elgin St, Orillia, ON

Real Estate

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Added 2 months ago

43 02qfst053
  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size 2500 sqft
Garage No
Taxes $3,900
Lot Size 
Approx. Age 
Avg. Price Per Sqft $319
MLS® Number 40719576

Property Address: Elgin St, Orillia, Ontario

Average square foot calculated using Size range provided by listing agent.

Description

Fantastic Investment Opportunity in City of Orillia which is full of redevelopment and transitioning. 23 Elgin Street offers an exceptional investment opportunity with this legal triplex intentionally kept vacant for your immediate use or tenant placement. This versatile property features three separate units (1 bed/1 bath, 1 bed+den/1 bath, and a spacious 2 bed/1 bath with balcony), perfect for investors, multigenerational living, or those seeking personalization options. Unit 2 can include furniture and continue for furnished rental. Upper unit has own stackable washer and dryer as well as walkout balcony. Units on main floor have shared laundry. Updates within last few years include a roof and furnace (2020), plus common laundry and ample parking. Ideally located minutes from downtown Orillia's waterfront, boardwalk, parks, and local amenities including Mariposa Market, this prime location provides flexibility to live in, rent out, or improve to suit your needs. On City Services and garbage removal. With immediate occupancy available, you can decide whether to occupy a unit while generating rental income from others or maximize returns by renting all units. This prime investment property offers tremendous potential in a convenient location with proximity to everything. Seller says bring your offer!Show Description
MLS® Number40719576
Laundry LevelCoin Operated, Common Area, Gas Dryer Hookup, In Building, Laundry Room, Main Level
Central VacNo
FireplaceNo
Acreage0.16
ExteriorBalcony
GarageNo
Approx. Age
BasementCrawl Space, Unfinished
DrivewayAsphalt
Garage Spaces
HeatForced Air, Natural Gas
A/CNone
Heating Fuel

Extras

Carbon Monoxide Detector, Smoke Detector, Window Coverings, All Appliances And Furniture In Unit 2 Is Included Or Optional
23 Elgin St, Orillia, ON

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