Kalpesh Patel (KK)
Broker
Homelife/Miracle Realty Ltd., Brokerage
Independently owned and operated.
5010 Steeles Ave. west, Toronto, Nunavut M9V5C6
Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135
$1,750,000
Available - For Sale
Listing ID: S9034917
77 Matchedash St South , Orillia, L3V 4W6, Ontario
| Welcome to 77 Matchedash Street S! This turnkey 9-unit building in the heart or Orillia is a well-taken care of purpose-built property. With lucrative returns and a 5% cap-rate on the acquisition while under $200,000.00 per unit! Over $120,000.00 in gross operating income with room for upside in rents upon turnover and other creative conversion options! The majority of the units have been newly renovated with some capital expenditures completed in recent years. Minimal utility expenses paid by the owner and on-site superintendent for ease of management. This property is the perfect fit for a savvy investor looking for immediate cash flow with the potential for increased returns. |
| Price | $1,750,000 |
| Taxes: | $14866.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 77 Matchedash St South , Orillia, L3V 4W6, Ontario |
| Postal Code: | L3V 4W6 |
| Province/State: | Ontario |
| Legal Description: | PT LT 10 N/S ELGIN ST PL 12 AKA PL 58 OR |
| Lot Size: | 65.00 x 67.60 (Feet) |
| Directions/Cross Streets: | Matchedash St S/Elgin St |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 4316.00 |
| Total Area Code: | Sq Ft |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Water: | Municipal |
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Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Lot Size: | 65.00 x 67.60(Feet) |
| Tax: | $14,866 |
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