$999,900
$999,900
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31 Frederick Street Orillia, ON L3V 5W5
2 Beds
2 Baths
3,175 SqFt
Key Details
Sold Price $999,900
Property Type Multi-Family
Sub Type Multi-3 Unit
Listing Status Sold
Purchase Type For Sale
Square Footage 3,175 sqft
Price per Sqft $314
MLS Listing ID 40658621
Sold Date 02/25/25
Bedrooms 2
Abv Grd Liv Area 3,175
Originating Board Barrie
Annual Tax Amount $8,319
Property Sub-Type Multi-3 Unit
Property Description
This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7 separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy.
Location
Province ON
County Simcoe County
Area Orillia
Zoning HC2
Direction Hwy 12 to Westmount to Mississauga to Frederick St.
Rooms
Basement Partial, Partially Finished, Sump Pump
Kitchen 0
Interior
Interior Features Accessory Apartment, Built-In Appliances, Separate Hydro Meters
Heating Baseboard, Electric, Forced Air, Natural Gas
Cooling Central Air, Other
Fireplace No
Window Features Window Coverings
Appliance Built-in Microwave, Microwave, Dishwasher, Refrigerator, Stove
Laundry None
Exterior
Parking Features Asphalt, Other
Roof Type Asphalt Shing
Lot Frontage 60.0
Lot Depth 132.0
Garage No
Building
Lot Description Business Centre, City Lot, Hospital, Public Transit, Schools
Faces Hwy 12 to Westmount to Mississauga to Frederick St.
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Vinyl Siding
New Construction No
Others
Senior Community No
Tax ID 586480110
Ownership Freehold/None
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