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Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Duplex Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,139 sqft
Price per Sqft $553
MLS Listing ID 40635035
Bedrooms 3
Annual Tax Amount $3,387
Property Description
This is your opportunity to own a fully VACANT duplex! Attention First-Time Homebuyers and Investors! Discover this exceptional legal duplex in the vibrant heart of downtown Orillia. Two fully renovated units as well as a detached two car garage with zoning allowing for a third legal suite. This prime location offers the best of urban living, with easy walking access to all the amenities Orillia has to offer. You're just steps away from the hospital, arts and cultural centres, local shops, dining, and the scenic beauty of Lake Couchiching. This duplex has undergone numerous recent upgrades, ensuring peace of mind and modern comfort. Enjoy the benefits of a new roof shingled in 2021, new windows, new doors, a reinforced stone foundation, waterproofed and insulated basement, and updated attic insulation. These improvements not only enhance the property's aesthetic appeal but also its functionality and energy efficiency. With two fully legal rental units, this property presents a fantastic opportunity for both living and earning additional rental income. The layout is ideal for those looking to live in one unit while renting out the other, providing a steady income stream in a highly desirable location. The property's central location ensures easy access to public transit and a short commute to anywhere in town. Whether you're heading to work, running errands, or enjoying the local attractions, you'll appreciate the convenience this address offers. Experience the best of downtown living with this exceptional duplex on Colborne Street. Your new home or investment awaits!
Location
Province ON
County Simcoe County
Area Orillia
Zoning C1
Rooms
Kitchen 0
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Laundry In-Suite
Exterior
Garage Detached Garage
Garage Spaces 2.0
Waterfront No
Roof Type Asphalt Shing
Building
Lot Description Business Centre, City Lot, Near Golf Course, Highway Access, Hospital, Library, Park, Place of Worship, Playground Nearby, Public Parking, Public Transit, Schools, Shopping Nearby
Story 2
Foundation Stone
Sewer Sewer (Municipal)
Water Municipal
Structure Type Brick
New Construction No
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