115 Albert St S

Orillia, Orillia

MLS®: S5245330

3 bed 2 bath 1100-1500 sqft

$699,000

3 weeks ago

Viewed 10 times

For Sale

Description

Fully Renovated Legal Duplex. Main Floor 2-Bdrm Unit Currently Rents For $1725+Hydro W/An A++ Tenant (Lease Until July 1, 2021). The 1-Bdrm Upper Unit Currently Rents Out For An Average Of $2858/Month As A Lucrative Short-Term Rental. Projected Gross Annual Income $54,996, Projected Annual Expenses $ 6,711. Projected Net Annual Income Of $48,285. This Property Yields An Est. Cap Rate Of 7.4% At List Price. See Documents Tab.

Extra

Inclusions: 2X Washers/Dryers; 2X Fridges; 2X Stoves; Hot Water Tank Owned. Exclusions: Tenant's Belongings.

Key Facts

  • Taxes: $3047
  • MLS#: S5245330
  • Price: $699,000
  • Status: Sale
  • Type: Duplex
  • Style: 2-Storey
  • Size: 1100-1500
  • Updated: 2021-05-21 19:50:46.0
  • Year Built: 100+

Property

  • Type: Duplex
  • Style: 2-Storey

Inside & Building

  • Basement2: Unfinished
  • Depth: 165.00
  • Drive: Private
  • Lot Front: 50.00
  • Garage Type: None
  • Heating: Forced Air
  • Lot Size Code: Feet
  • Parking Spaces: 4
  • Pool: None
  • Fireplace/Stove: N
  • Heat Source: Gas
  • Kitchens: 2
  • Rooms: 7
  • Sewer: Sewers
  • Water: Municipal
  • Exterior1: Brick
  • Exterior2: Vinyl Siding
  • Retirement: N
  • Air Conditioning: Other
  • Elevator: N
  • Garage: None
  • Heating: Forced Air
  • Possession Date: Flex
  • Parking Places: 4
  • UFFI: No
  • Seller Property Info Statement: N
  • Zoning: Res
  • Type: J.
  • Taxes: $3047
  • Tax Year: 2021

Rooms & Extra

Room Level Size Description

Price History

Updated Price Event
$699,000 Listed For Sale
$XXX,XXX Sold
$XXX,XXX Listed

Map

Updated: 21 May, 2021. Days On Market: 7 Days

Listing By: RE/MAX HALLMARK CHAY REALTY, BROKERAGE Information Updated: 2021-05-21 19:50:46.0

The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RickMalhi.com.

More About This Property

Rick Malhi

Sales Representative
CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE

Our Address

208-5 Brisdale Dr,
Brampton, ON, L7A 0S9
+1-905-783-5700