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$ 989,000
Est. payment /mo
New
240 CLAYBORNE PLACE Orillia, ON L3V1M5
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500 - 3000
Subdivision Orillia
MLS® Listing ID S14088928
Bedrooms 6
Property Description
An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by CENTURY 21 B.J. ROTH REALTY LTD.
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