$ 1.849.900
Ontario Orillia
320 Laclie Street, Orillia, ON L3V4P1 Photo 1
7 Photos
320 Laclie Street, Orillia, ON L3V4P1 Photo 2
320 Laclie Street, Orillia, ON L3V4P1 Photo 3
320 Laclie Street, Orillia, ON L3V4P1 Photo 4
320 Laclie Street, Orillia, ON L3V4P1 Photo 5

320 Laclie Street, Orillia

  • Bedrooms: 11
  • Living area: 4676 square feet
  • Type: Townhouse
  • Added: 7 hours ago
  • Updated: 7 hours ago
  • Last Checked: 5 minutes ago
Investment Opportunity - Fully tenanted 9 Plex in north ward of Orillia! Newly constructed 9-plex in 2016, converted from a motel, presenting a 6% cap rate. All 9 units have up to current market rents. All units have been upgraded to meet current market demands, ensuring maximum rental potential. With 8 one-bedroom units and 1 three-bedroom unit, this property caters to a diverse tenant base, allowing for steady occupancy and reliable income streams. There has been zero vacancy since 2016. The public coin laundry facility enhances the income potential of this investment, there's room and hook-ups to accommodate additional machines. Each tenant has a dedicated parking space. Additionally there are four visitor parking spaces. Each unit also has private yards. For detailed financial information don't hesitate to inquire within. (id:1945)
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Property DetailsKey information about 320 Laclie Street

  • Cooling: Partially air conditioned
  • Heating: Hot water radiator heat, Natural gas
  • Structure Type: Multi-Family

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 4676

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 320 Laclie Street

  • Water Source: Municipal water
  • Lot Size Dimensions: 150 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: Laclie St. And North Street E.

Business & Leasing InformationCheck business and leasing options available at 320 Laclie Street

  • Business Type: Residential

Tax & Legal InformationGet tax and legal details applicable to 320 Laclie Street

  • Tax Annual Amount: 16250
  • Zoning Description: C2
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members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
127
Min Price
$950
Max Price
$4,799,000
Avg Price
$858,765
Days on Market
72 days
Sold listings
51
Min Sold Price
$299,900
Max Sold Price
$2,400,000
Avg Sold Price
$726,512
Days until Sold
67 days

Nearby Places

Name
Type
Address
Distance
Orillia District Collegiate and Vocational Institute
School
2 Borland St E
0.5 km
Orillia District Collegiate & Vocational Institute
...
0.6 km
Tim Hortons
Cafe
420 West Street N
0.9 km
Metro (Metro)
Grocery or supermarket
70 Front St N
1.1 km
Sixteen Front, Casual Fine Dining & Lounge
Restaurant
16 Front St N
1.1 km
Aji Sushi
Restaurant
2 Front St N
1.2 km
Cosmo's Ristorante
Restaurant
90 Mississaga St E
1.2 km
Brewery Bay Food Co
Bar
117 Mississaga St E
1.2 km
Mariposa Market Store
Bakery
109 Mississaga St E
1.2 km
Tre Sorelle
Restaurant
133 Mississaga St E
1.3 km
Orillia Transit
Service is provided on four routes throughout the ...
1.3 km
Orillia Opera House
Orillia Opera House is an historic building home t...
1.3 km
Additional Information about 320 Laclie Street

This Townhouse at 320 Laclie Street Orillia, ON with MLS Number s11437801 listed by KALEB STREETER - EXIT REALTY TRUE NORTH on Orillia market 7 hours ago at $1,849,900

We have found 4 Townhomes that closely match the specifications of the property located at 320 Laclie Street with distances ranging from 2 to 4 kilometers away. The prices for these similar properties vary between 1,174,900 and 1,249,999.

The current price of the property is $1,849,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 17% down payment, the total amount borrowed would be $1,535,417. This would result in a monthly mortgage payment of $8,651 over a 25-year amortization period.

More Details?
  • KALEB STREETER
  • EXIT REALTY TRUE NORTH
  • 705-797-1004

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