671 Driftwood Road, Orillia
- Bedrooms: 3
- Bathrooms: 2
- Living area: 1270 square feet
- Type: Residential
- Added: 2 days ago
- Updated: 2 days ago
- Last Checked: 1 days ago
Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Heres your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillias fastest-growing areas. Top 5 Reasons Youll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bathideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillias real estate market and secure your future cash flow and growth. Contact today to book a showing and take the next step toward securing your financial future! (id:1945)
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Property Details
- Cooling: Window air conditioner
- Heating: Baseboard heaters, Electric
- Stories: 2
- Structure Type: House
- Exterior Features: Vinyl siding
- Foundation Details: Poured Concrete, Slab
Interior Features
- Appliances: Water Heater
- Bedrooms Total: 3
- Bathrooms Partial: 1
Exterior & Lot Features
- Water Source: Municipal water
- Parking Total: 5
- Lot Size Dimensions: 50 x 68.5 FT
Location & Community
- Directions: HWY 12 West to Orchard Point to DriftWood
- Common Interest: Freehold
Utilities & Systems
- Sewer: Sanitary sewer
Tax & Legal Information
- Tax Year: 2023
- Tax Annual Amount: 439600
- Zoning Description: R2i
Room Dimensions
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