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136 BARRIE Road Orillia
  • 136 BARRIE Road Orillia
  • 136 BARRIE Road Orillia
  • 136 BARRIE Road Orillia
  • 136 BARRIE Road Orillia
  • 136 BARRIE Road Orillia
  • 136 BARRIE Road Orillia

136 BARRIE Road, Orillia, Ontario

$799,000

  • 4 Beds
  • 2 Baths
  • 1,713 Square Feet

Check out this great investment opportunity. Existing Legal duplex with 2 x 2 bedroom units, potential to create a smaller 3rd unit. Two existing apartments with separate hydro meters. Current building sits on a large in town double lot. Due to City of Orillia zoning changes, this property would be approved for 16 units in two buildings, initial conversations with City of Orillia have taken place to clarify the City's position on increasing residential density in this Orillia neighbourhood. Ideally located across the road from a large complex of rental units, with ongoing expansion. Great for Investors and Developers alike, to build and re-sell Or retain in your investment portfolio as ongoing Income property. Buy now with immediate Income and let the current Rental Income carry the costs, while City of Orillia processes for approvals takes place. Lots of potential for this property. Ideally located within close proximity and walking distance to the hospital, quaint downtown Orillia offering cafes, restaurants, banks and shopping, and within a few steps to the new Orillia Recreation Centre. Orillia is quickly growing, why not become part of the growth and build your Investment portfolio. Buyer is responsible for all City of Orillia processes and costs for the approval of change of use and permits. (id:56241)

  • Listing ID: 40606462
  • Property Type: Multi-family
  • Year Built: 1920
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Details

  • Amenities Nearby: Golf Nearby, Hospital, Marina, Park, Place of Worship, Public Transit, Schools, Shopping
  • Ownership: Freehold
  • Parking Spaces: 4
  • Transaction: For sale
  • Zoning Description: R2

Building

  • BasementType: Partial (Unfinished)
  • Basement Development: Unfinished
  • Constructed Date: 1920
  • Cooling: None
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Foundation: Block
  • Bathrooms (Total): 2
  • Heating: Baseboard heaters, Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1713 sqft
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Golf Nearby, Hospital, Marina, Park, Place of Worship, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Frontage: 110 ft
  • Size Irregular: 0.32
  • Size Total: 0.32 ac|under 1/2 acre
MLS®

Listing provided by Century 21 B.J. Roth Realty Ltd. Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 136 BARRIE Road in Orillia Ontario, was last modified on June 14th, 2024. Contact Nadine McMaster to schedule a viewing or to find other properties for sale in Orillia.

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