116 Albert Street S, Orillia, Ontario

$649,000

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4

Beds

3

Baths

About 116 Albert Street S

Top 5 Reasons You Will Love This Home: 1) Ideal investment or house-hack opportunity: Features a brand-new, vacant, renovated unit ready for immediate owner-occupancy or your choice of top-market tenant, with projected annual income approaching $50,000 2) Legal triplex with major recent upgrades, including two modernized suites (one freshly renovated and vacant), a new furnace (2026), new eavestroughs (2025), and a new roof (2024) 3) Located in desirable downtown Orillia, providing excellent access to a wide range of amenities and services 4) Within close proximity to shopping, grocery stores, hospital, lake, and the vibrant downtown core, enhancing tenant appeal and long-term rental demand 5) Revenue and expense statement available upon request, providing valuable financial information for prospective buyers. 1,943 above grade sq.ft. plus an unfinished basement. *Please note some images have been virtually staged to show the potential of the home. (id:36535)

Features of 116 Albert Street S

Listing # S13657948
Price $649,000
Bedrooms 4
Bathrooms 3.00
Acres 0.00
Type Multi-family

Community Information

Address 116 Albert Street S
Subdivision Orillia
City Orillia
Province Ontario
Postal Code L3V5L2

Amenities

Amenities Public Transit, Hospital
Parking Spaces 3
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Stove, Washer, Refrigerator
Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 2
Has Basement Yes
Basement Type Full (Unfinished)
Basement Development Unfinished

Exterior

Exterior Brick
Lot Description 69.7 x 88.6 FT|under 1/2 acre
Foundation Stone

Listing Details

OfficeCourtesy Of FARIS TEAM REAL ESTATE BROKERAGE

Listing Map