itso/IMG-40636238_1.jpg
Virtual Tour
itso/IMG-40636238_3.jpg
56 days on Market

214 Mississaga St, Orillia, Ontario L3V 3B5

$1,649,900
Get pre-approvedPowered by Rocket Mortgage
Detached
4 + 1
5
~3155 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$522/sqft

Est. Mortgage$7,086/mo

Tax Amount (2024)$6,420/yr

Days On Market56 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 a licensed short-term rental, fully compliant with the City of Orillia regulations, and the license is transferable to the new owner. 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

StyleTwo Story
View-
Age of property-
SqFt~3155 SqFt
Lot Size10,890 SqFt(165 x 66)
Parking Spaces8
MLS ®Number40636238
Community NameOrillia
Data SourceITSO

Features

Heating: Natural Gas, Water
Cooling: Wall Unit(s)
Basement: Walk-Out Access, Full, Finished

Second Floor

Kitchen

3.63 x 3.94

Living Room

3.73 x 2.84

Bedroom

3.73 x 2.82

Bathroom

4-Piece


Features

Lot size: 10,890 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

Now
ListedFor Salefor$1,649,900Active
56 days on market
Listing by itso®
history photo preview50
Now
ListedFor Salefor$1,649,900Active
58 days on market
Listing by itso®
history photo preview50
ListedFor Salefor$1,699,900Expired
Stayed 133 days on market
Listing by itso®
history photo preview46
Sign Up

Have an account?Log In

Property listed by Royal LePage Quest Brokerage, Orillia (Unit B), Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Schools and amenities

Estimated Budget