66 NOTTAWASAGA STREET, Orillia, ON L3V3J4
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66 NOTTAWASAGA STREET, Orillia, ON L3V3J4
66 NOTTAWASAGA STREET, Orillia, ON L3V3J4
66 NOTTAWASAGA STREET, Orillia, ON L3V3J4
66 NOTTAWASAGA STREET, Orillia, ON L3V3J4
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$ 899,000
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66 NOTTAWASAGA STREET Orillia, ON L3V3J4

4 Beds

4 Baths

1,500 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500 - 2000

Square Footage 1,500 sqft

Price per Sqft $599

Subdivision Orillia

MLS® Listing ID S12938618

Bedrooms 4

Property Description

Why renovate an underperforming asset when you can step into a proven performer? This fully legal, solid-brick fourplex delivers 7.3% CAP, immediate cashflow, and long-term stability in the heart of Orillia one of Ontario's fastest-growing and most consistently sought-after real estate markets. With ZERO vacancy history and tenants who love the quality finishes, leasing is effortless. Over $100,000 has been invested in upgrades to ensure this is a truly turn-key asset: new concrete collar (2022), freshly paved asphalt parking (2023), main-floor AC units (2023), A new roof (2019), high-efficiency furnaces (2020), new decks (both front and back), upper-level siding (2022), new storage shed (2022), attic insulation (2020), roof & eaves heating lines to prevent icicles (2021).The property features four updated one-bedroom units with private entrances, five separate hydro meters, shared basement laundry, and a four-car parking lot. Tenants appreciate the thoughtful design and modern finishes, ensuring strong retention and consistent returns. Located within walking distance of downtown Orillia's restaurants, shops, library, Lakehead University, waterfront trails, and boardwalk, this location continues to drive enduring tenant demand. A rare chance to own a meticulously upgraded, fully compliant, and consistently occupied fourplex that delivers dependable income from day one. (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Second level 3.45 m X 3.45 m Living room

Extra Room 2 Second level 1.88 m X 2.41 m Kitchen

Extra Room 3 Second level 3.48 m X 3.78 m Bedroom 3

Extra Room 4 Second level 3.53 m X 4.24 m Living room

Extra Room 5 Second level 2.44 m X 2.13 m Kitchen

Extra Room 6 Second level 3.45 m X 3.05 m Bedroom 4

Interior

Heating Forced air

Cooling Wall unit

Flooring Vinyl

Exterior

Parking Features No

View Y/N No

Attached Garage No

Total Parking Spaces 4

Garage No

Private Pool No

Building

Lot Description Landscaped

Story 2

Sewer Sanitary sewer


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Jordan Rossman

Jordan Rossman

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66 NOTTAWASAGA STREET