50 ALBERT STREET N Active Save Request In-Person Tour Request Virtual Tour
Orillia,ON L3V5K2
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $352
Subdivision Orillia
MLS Listing ID S12228496
Bedrooms 3
Source Toronto Regional Real Estate Board
Property Description
Attention Investors and First-Time Home Buyers! Welcome to 50 Albert Street North in the heart of Orillia - a legal non-conforming triplex offering a fantastic opportunity for both investors and first-time buyers alike. Live in one unit and let the other two help pay your mortgage! This prime rental property is ideally located within walking distance to downtown Orillia, the hospital, shopping, restaurants, library, and more. Here are a list of property highlights. Unit 1: Freshly renovated and currently vacant 1-bedroom unit on the main floor with in-suite laundry. Estimated rental potential of $1,700/month (all inclusive). Shared entrance with Unit 2. Unit 2: Long-term, reliable tenant of 7 years in the upper-level 1-bedroom unit, currently paying $1,292.26/month (all inclusive). Unit 3: Separate entrance to this cozy 1-bedroom main floor unit, also home to a long-term tenant of 7 years, currently paying $753/month (all inclusive). Projected Annual Rental Income: Approx. $45,000. Parking: Double-wide driveway with space for up to 4 vehicles. Location: Steps to Orillia's charming downtown core and all major amenities. Whether you're looking to house-hack as a first-time buyer or expand your investment portfolio, this property is a must-see. Don't miss out on this incredible opportunity! (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Main level 3.35 m X 3.69 m Living room
Extra Room 2 Main level 3.6 m X 3.29 m Kitchen
Extra Room 3 Main level 3.29 m X 3.41 m Bedroom
Extra Room 4 Main level 1.74 m X 2.35 m Bathroom
Extra Room 5 Upper Level 1.77 m X 3.23 m Bathroom
Extra Room 6 Upper Level 4.21 m X 3.5 m Living room
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Others
Virtual Tour https://video214.com/play/8eRtdCdjMA09k7c0wO07uQ/s/dark