Re-listed 2 days ago

214 Mississaga St, Orillia, Ontario L3V 3B5

Townhouse
4
5
~2500-3000 sqft
$•••,•••
$1,599,900
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Townhouse
4
5
~2500-3000 sqft

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Highlights

Property Estimate

Days on market2 days

Total days on market
165 days

Estimated valueNot available

Price/Sqft$586/sqft

Monthly cost

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CMA Subject Property

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+5

Properties sold*

$625K

Median sold price*

*Based on last 30 days

Description

Are you an investor? Looking for an investment where the numbers finally work? 1) Presenting an exquisite 5-plex investment property where you have the opportunity to set your own rents, fully reimagined with meticulous attention to detail. This property boasts four legally recognized units, with the front of the house being gutted to the studs and rebuilt new, and the back half is newly built to the highest standards, with luxurious finishes. 2) Step into each unit and be welcomed by stunning kitchens, outfitted with top-of-the-line stainless steel appliances and stylish cabinetry. The renovations extend to every aspect of the units, including individual air conditioning units, in-suite washers and dryers, and elegantly appointed bathrooms with towel warmers. And Triple-glazed front windows ensure quiet interiors, even with the property's prime location. 3) This property is approved for short-term rental and meets all requirements, fully compliant with the City of Orillia regulations. Units 1, 2, 3, and 4 are being offered fully furnished, and the property features a new metal roof, new upgraded flooring, new floor joists, new electrical, new plumbing, spray foam insulation, a high-end security camera system, and a sprinkler system, ensuring peace of mind and energy efficiency. 4) The property's separately metered 200-amp service allows for precise control over heating and hydro, facilitated by an energy-efficient on-demand hot water boiler with durable aluminum radiators for longevity. State-of-the-art access control technology enables remote management, making ownership effortless. 5) Situated in the heart of the city, directly across from the hospital, this property benefits from HC2 zoning, permitting a wide range of uses and offering excellent potential for future development. This 5-plex is more than just a place to live - it's an exceptional investment opportunity where every detail has been crafted to offer both luxury and practicality.


Property Details

Style2-Storey
ViewCity, Downtown, Trees/Woods
Age of property-
SqFt~2500-3000 SqFt
Lot Size10,890 SqFt(165 x 66)
Parking Spaces8
MLS ®NumberS12255290
Community NameOrillia
Data SourceTRREB
Listing byRoyal LePage Quest

Features

Heating: Water
Cooling: Wall Unit
Basement: Sep Entrance, Finished

Features

Lot size: 10,890 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Market Data - Orillia

Geo Zone Map ThumbnailOrillia

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

38 days

2023

22 days

2022

18 days

New Listings

Past 30 days

26 listings

Compared to

2024

12 listings

2023

16 listings

2022

25 listings

Units sold

Past 30 days

9 units

Compared to

2024

5 units

2023

5 units

2022

13 units

Median Sold Price

Past 30 days

$570,000

Compared to

2024

$624,900

2023

$620,000

2022

$647,000


Population and Demographics

Overview

Total population 31981
Average household income $99,873

Age (%)

0 to 19
19%
20 to 34
19%
35 to 49
16%
50 to 64
21%
65 and plus
26%

Household composition (%)

Single family
58%
Single person
36%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
94%
Others
4%
French
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget