214 Mississaga Street West Orillia, ON L3V 3B5
Listing Courtesy of:  CREA / Royal Lepage Quest Brokerage, Orillia (unit B)

  214 Mississaga Street West Orillia, ON L3V 3B5

Active (54 Days)
$1,232,214
5
BED
5
BATH

Description

Are you an investor? Looking for an investment where the numbers finally work? 1) Presenting an exquisite 5-plex investment property where you have the opportunity to set your own rents, fully reimagined with meticulous attention to detail. This property boasts four legally recognized units, with the front of the house being gutted to the studs and rebuilt new, and the back half is newly built to the highest standards, with luxurious finishes. 2) Step into each unit and be welcomed by stunning kitchens, outfitted with top-of-the-line stainless steel appliances and stylish cabinetry. The renovations extend to every aspect of the units, including individual air conditioning units, in-suite washers and dryers, and elegantly appointed bathrooms with towel warmers. And Triple-glazed front windows ensure quiet interiors, even with the property's prime location. 3) This property is a licensed short-term rental, fully compliant with the City of Orillia regulations, and the license is transferable to the new owner. Units 1, 2, 3, and 4 are being offered fully furnished, and the property features a new metal roof, new upgraded flooring, new floor joists, new electrical, new plumbing, spray foam insulation, a high-end security camera system, and a sprinkler system, ensuring peace of mind and energy efficiency. 4) The property’s separately metered 200-amp service allows for precise control over heating and hydro, facilitated by an energy-efficient on-demand hot water boiler with durable aluminum radiators for longevity. State-of-the-art access control technology enables remote management, making ownership effortless. 5) Situated in the heart of the city, directly across from the hospital, this property benefits from HC2 zoning, permitting a wide range of uses and offering excellent potential for future development. This 5-plex is more than just a place to live—it's an exceptional investment opportunity where every detail has been crafted to offer both luxury and practicality. (id:41440)

MLS®:
40636238
Type
Single-Family Home
Style
2 Level
County
Simcoe County

Listed By

Nick Doherty, Royal Lepage Quest Brokerage, Orillia (unit B)
Source
CREA
Last checked Oct 30 2024 at 12:45 AM EDT
Bathroom Details
  • Full Bathrooms: 5
Interior Features
  • Window Coverings
Subdivision
  • West Ward
Lot Information
  • Paved Driveway
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Natural Gas
  • Boiler
  • Wall Unit
Basement Information
  • Full
  • Finished
Exterior Features
  • Vinyl Siding
  • Brick
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 8
Stories
  • 2
Location
   
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Disclaimer: REALTOR.CA The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 10/29/24 17:45