380 Bayview Parkway, Orillia
- Living area: 2880 square feet
- Added: 241 days ago
- Updated: 36 days ago
- Last Checked: 15 hours ago
Looking for a turn key investment? Only 19 years old, this is an exceptional purpose built 5-plex with very low maintenance costs, featuring 4 two bedrooms units and 1 bachelor unit, all with 1 kitchen and bathroom. Occupied with triple A tenants, this property yields very strong cash flow, resulting in an excellent cap rate. The units have all been beautifully renovated with commercial grade flooring, new kitchens and bathrooms. An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants. Baseboard heating in bedrooms & heat/air conditioner unit in the living rooms. Located right across the street from the lake, and conveniently located just minutes from Hwy 12 and downtown Orillia, this is an opportunity to buy and benefit from the revitalization of Orillia. Financials Attached.
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Property DetailsKey information about 380 Bayview Parkway
- Cooling: Fully air conditioned
- Heating: Baseboard heaters
- Structure Type: Multi-Family
Interior FeaturesDiscover the interior design and amenities
- Appliances: Refrigerator, Stove, Range, Cooktop, Window Coverings
- Living Area: 2880
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 380 Bayview Parkway
- Water Source: Municipal water
- Lot Size Dimensions: 90 x 135 FT
Location & CommunityUnderstand the neighborhood and community
- Directions: Atherly Rd & Hwy 12
Business & Leasing InformationCheck business and leasing options available at 380 Bayview Parkway
- Business Type: Residential
Tax & Legal InformationGet tax and legal details applicable to 380 Bayview Parkway
- Tax Annual Amount: 7787.92
- Zoning Description: C41
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Nearby Listings Stat
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122
Min Price
$950
Max Price
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Avg Price
$911,818
Days on Market
71 days
Sold listings
41
Min Sold Price
$299,900
Max Sold Price
$2,400,000
Avg Sold Price
$830,433
Days until Sold
81 days