$ 1.649.900

214 Mississaga Street W, Orillia

  • Bedrooms: 4
  • Bathrooms: 5
  • Living area: 3155 square feet
  • Type: Residential
  • Added: 77 days ago
  • Updated: 77 days ago
  • Last Checked: 3 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 DetailsKey information about 214 Mississaga Street W

  • Cooling: Wall unit
  • Heating: Natural gas
  • Stories: 2
  • Exterior Features: Brick, Vinyl siding
  • Foundation Details: Poured Concrete

Interior FeaturesDiscover the interior design and amenities

  • Basement: Finished, Full
  • Appliances: Window Coverings
  • Living Area: 3155
  • Bedrooms Total: 4
  • 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 FeaturesLearn about the exterior and lot specifics of 214 Mississaga Street W

  • Lot Features: Paved driveway
  • Water Source: Municipal water
  • Parking Total: 8

Location & CommunityUnderstand the neighborhood and community

  • Directions: Douglas St/Mississaga St W
  • Common Interest: Freehold
  • Street Dir Suffix: West
  • Subdivision Name: West Ward

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 214 Mississaga Street W

  • Tax Annual Amount: 6420
  • Zoning Description: HC-2

Additional FeaturesExplore extra features and benefits

  • Security Features: Security system
  • Number Of Units Total: 5
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Nearby Listings Stat

Active listings
6
Min Price
$799,000
Max Price
$4,799,000
Avg Price
$1,797,783
Days on Market
68 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Era 67 Restaurant & Lounge
Restaurant
64 Mississaga St W
0.6 km
Gaudaur Natural Foods
Shoe store
17 Andrew St N
0.6 km
Tudhope Building
The building is named for James Brockett Tudhope, ...
0.7 km
Orillia Opera House
Orillia Opera House is an historic building home t...
0.7 km
Orillia Transit
Service is provided on four routes throughout the ...
0.8 km
Tim Hortons
Cafe
25 Colborne St E
0.8 km
Tre Sorelle
Restaurant
133 Mississaga St E
1.0 km
Theo's Eatery
Restaurant
214 Memorial Ave
1.0 km
Cosmo's Ristorante
Restaurant
90 Mississaga St E
1.0 km
Tim Hortons
Cafe
175 Westmount Dr N
1.0 km
Mariposa Market Store
Bakery
109 Mississaga St E
1.0 km
Park Street Collegiate Institute
School
233 Park St
1.0 km
Additional Information about 214 Mississaga Street W

This House at 214 Mississaga Street W Orillia, ON with MLS Number 40636246 which includes 4 beds, 5 baths and approximately 3155 sq.ft. of living area listed on Orillia market by Nick Doherty - Royal LePage Quest Brokerage, Orillia (Unit B) at $1,649,900 77 days ago.

We have found 6 Houses that closely match the specifications of the property located at 214 Mississaga Street W with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 995,000 and 1,999,900.

The current price of the property is $1,649,900, 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 19% down payment, the total amount borrowed would be $1,336,419. This would result in a monthly mortgage payment of $7,715 over a 25-year amortization period.

More Details?
Nick Doherty
  • Nick Doherty
  • Royal LePage Quest Brokerage, Orillia (Unit B)
  • 705-327-9999

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