LOADING

320 Laclie Street Orillia, Ontario L3V 4P1

11 Bedroom 4676
Window Air Conditioner In Floor Heating, Radiant Heat, Hot Water Radiator Heat

$2,495,000

Investment opportunity in the heart of Orillia! This 9-plex was a motel conversion in 2016 and subsequently has all new electrical, plumbing, insulation, drywall, doors, trim, roof and fire/smoke as of 2016/2017. All inspections were passed by the City of Orillia. This property also features a public coin laundry that has further potential for more income. You can fit 4 washers and dryers without any renovations and could ask $3+/cycle. Currently only 2 washers and dryers set at $2/cycle. Current coin laundry monthly income is $400/mo. The fenced area behind the building, accessible from North St, is part of the lot and currently used as common green space. In floor radiant heat (Navien system) makes this property extremely efficient and inexpensive to maintain. One of the top features here is how affordable the monthly utilities are. Parking for each unit is included as well as 4 visitor parking spots in addition to. Come see this one in person. (id:37962)

Property Details

MLS® Number 40340855
Property Type Multi-family
Amenities Near By Public Transit
Communication Type High Speed Internet
Community Features School Bus
Features Laundry- Coin Operated
Parking Space Total 13

Building

Bedrooms Total 11
Basement Type None
Construction Material Wood Frame
Cooling Type Window Air Conditioner
Exterior Finish Stucco, Wood
Fire Protection Security System
Heating Type In Floor Heating, Radiant Heat, Hot Water Radiator Heat
Stories Total 1
Size Interior 4676
Utility Water Municipal Water

Land

Access Type Road Access
Acreage No
Land Amenities Public Transit
Sewer Municipal Sewage System
Size Frontage 159 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description C2

Utilities

Cable Available
Electricity Available
Natural Gas Available

https://www.realtor.ca/real-estate/25052454/320-laclie-street-orillia


Kaleb Streeter
Salesperson

(705) 333-7355
(705) 797-1074
Exit Lifestyle Realty Brokerage
5/1004 B. Carson Road, 2nd Floor
Springwater, Ontario L9X 0T1

(705) 797-1004
(705) 797-1074