541 High Street, Orillia, ON L3V 4X9

$599,900
3
BD
2
BA
1,500
SqFt

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List Price
$599,900
MLS#
S13583630
Status
ACTIVE
Type
Multifamily
SubType
Duplex
Style
Bungaloft
Bedrooms
3
Bathrooms
2
Living Area
1500-2000
Province
ON
Municipality
Orillia
Area
Simcoe
Neighborhood
Orillia
Subdivision
High St And Hwy 12

Property Description

Attention investors - this is a must-see opportunity! Beautifully finished legal duplex situated on a wonderful oversized lot in an unbeatable location just minutes to the lake, waterfront parks, scenic trails, and the incredible lifestyle this area has to offer. This well-maintained duplex is fully tenanted with excellent long-term tenants, making it a fantastic turnkey investment opportunity. Both units feature separate MAIN LEVEL entrances, updated kitchens, ensuite laundry, and fresh modern finishes throughout. The property offers a unique layout with one spacious 2-bedroom unit and a charming 1-bedroom loft-style unit featuring an open-concept living and kitchen area on the main floor with a cozy upstairs bedroom retreat. Enjoy a beautifully maintained backyard oasis with exceptional usability and outdoor enjoyment, Each unit with it's own backyard! An ideal property for investors seeking strong rental income, positive cash flow, and long-term value in a highly desirable lakeside community.

Additional Information

Taxes
$3,840
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Family Room
Yes
Kitchens
2
Exterior
Aluminum Siding
Garage Type
None
Pool
None
Parking Spaces
6
Parking Type
Available

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of VILENSKY REALTY.