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31 FREDERICK

South Ward | Orillia

$1,065,000.00

Listed 7 months ago

  • 2 bed
  • 2 bath
  • 3,175 sqft
  • 10 parking
  • Multi-family

Property history

  • Now
    Listed on Mar 4, 2024

    Listed for $1,065,000.00

    217 days on market

Location & area

Schools nearby

Home Details

Description
This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7 separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy. (id:39198)
Additional media
https://vimeo.com/917818631
Property taxes
$8,319.22 per year / $693.27 per month
Basement
Partially finished, Partial
Year build
-
Type
Multi-family
Bedrooms
2
Bathrooms
2
Parking spots
10 Total
Floor
-
Balcony
-
Pool
-
External material
Vinyl siding
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Baseboard heaters, Forced air, Electric, Natural gas
Fire place(s)
-

    Listing Brokerage

    MLS® Listing
    40548627
    Brokerage
    REVEL Realty Inc. Brokerage

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