48 Peter St, Orillia, Ontario L3V 5B1

Welcome to 48 Peter St in the heart of Orillia. Steps to downtown and to the water front where you will find cafes, restauarants, walking paths, beaches, boat launches and more. This mixed use property has huge potential for your investment needs. With commercial space finished at the front and a fully finished and operating apartment at the back, your income stream can start right away. The second floor apartment space is ready for you to finish the way you like with city approved drawings. Thousands have been poured into this property and is ready for you. This building has been completely renovated and supported. This older home has been crafted into a legal two bedroom apartment on the main floor with a front entrance commercial space that includes a basement level. Located on the second floor is the potential for an additional second residential unit, just waiting to be finished off. Potential for multiple rental incomes, this is a must for investors or those looking to get into the rental income market. Additional info:Electrical brand new with inspected panels and meters, 200 amp commercial space plumbing, drains all new high rise style with aqupex,replaced engineer stamped and certified re framing. Third floor plans complete with city approval, panel in place on third floor, just need permit submissions. Second floor rough in plumbing with washroom rough in as well and electrical done. Brand new city transit terminal being built behind property. Fully inspected fire alarm panel. Building fire department and city certified