ON > Orillia > Orillia
Orillia, ON L3V5K2,50 ALBERT STREET N
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Alroy Brouwer

Alroy Brouwer

+1(705) 220-8758
$ 529,000
Est. payment /mo
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Active

50 ALBERT STREET N Orillia, ON L3V5K2

3 Beds

3 Baths

1,500 SqFt

UPDATED:

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

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Listed by RE/MAX RIGHT MOVE
agent

Alroy Brouwer

Broker | License ID: 4773123

+1(705) 220-8758

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50 ALBERT STREET N