214 Mississaga Street W, Orillia
- Bedrooms: 5
- Bathrooms: 5
- Living area: 3155 square feet
- Type: Residential
- Added: 59 days ago
- Updated: 58 days ago
- Last Checked: 17 hours ago
Are you an investor? Looking for an investment where the numbers finally work? 1) Presenting an exquisite 5-plex investment property where you have the opportunity to set your own rents, fully reimagined with meticulous attention to detail. This property boasts four legally recognized units, with the front of the house being gutted to the studs and rebuilt new, and the back half is newly built to the highest standards, with luxurious finishes. 2) Step into each unit and be welcomed by stunning kitchens, outfitted with top-of-the-line stainless steel appliances and stylish cabinetry. The renovations extend to every aspect of the units, including individual air conditioning units, in-suite washers and dryers, and elegantly appointed bathrooms with towel warmers. And Triple-glazed front windows ensure quiet interiors, even with the property's prime location. 3) This property is a licensed short-term rental, fully compliant with the City of Orillia regulations, and the license is transferable to the new owner. Units 1, 2, 3, and 4 are being offered fully furnished, and the property features a new metal roof, new upgraded flooring, new floor joists, new electrical, new plumbing, spray foam insulation, a high-end security camera system, and a sprinkler system, ensuring peace of mind and energy efficiency. 4) The property’s separately metered 200-amp service allows for precise control over heating and hydro, facilitated by an energy-efficient on-demand hot water boiler with durable aluminum radiators for longevity. State-of-the-art access control technology enables remote management, making ownership effortless. 5) Situated in the heart of the city, directly across from the hospital, this property benefits from HC2 zoning, permitting a wide range of uses and offering excellent potential for future development. This 5-plex is more than just a place to live—it's an exceptional investment opportunity where every detail has been crafted to offer both luxury and practicality. (id:1945)
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Property Details
- Cooling: Wall unit
- Heating: Boiler, Natural gas
- Stories: 2
- Structure Type: House
- Exterior Features: Brick, Vinyl siding
- Foundation Details: Poured Concrete
- Architectural Style: 2 Level
Interior Features
- Basement: Finished, Full
- Appliances: Window Coverings
- Living Area: 3155
- Bedrooms Total: 5
- Above Grade Finished Area: 2583
- Below Grade Finished Area: 572
- Above Grade Finished Area Units: square feet
- Below Grade Finished Area Units: square feet
- Above Grade Finished Area Source: Other
- Below Grade Finished Area Source: Other
Exterior & Lot Features
- Lot Features: Paved driveway
- Water Source: Municipal water
- Parking Total: 8
Location & Community
- Directions: Douglas St/Mississaga St W
- Common Interest: Freehold
- Street Dir Suffix: West
- Subdivision Name: West Ward
Utilities & Systems
- Sewer: Municipal sewage system
Tax & Legal Information
- Tax Annual Amount: 6420
- Zoning Description: HC-2
Additional Features
- Security Features: Security system
Room Dimensions
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