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This legal 4 plex will impress you the moment you arrive. Extensive renovations in 2017 to create 4 efficient apt's. All done by permit and final occupancy granted from the City building dep't. Each unit has separate heat and hydro so tenants pay their own utilities except for water. Gas heat in 3 of the 4 units. Electric in the 4th unit. Paved driveway with 4 parking spots, metal roof and deep lot. Apt #1 - 1br - $1,100 + gas & hydro. Apt #2 - 1br - $895 + gas & hydro. Apt #3 - Bachelor - 925 + gas & hydro. Apt #4 - Bachelor - 917 + hydro. Gross annual rent - $47,244. Expenses - Insurance - 2508, Water - 2020, Taxes - 5382, Snow/Grass - 1600. Total Expenses = 11,510. A nice downtown investment opportunity!!
4 fridges, 4 stoves
City: Orillia
Neighborhood: Orillia
Purchase Price | $589900 |
Down Payment | $117980 |
Mortgage Insurance | $0 |
Total Mortgage | $471920 |
Mortgage Payment | $2908 |
Property Taxes | $459 |
Maintenance Fees | $0 |
Monthly Payment | $3367 |
Located at 103 Albert St S , this Orillia house is available for sale. This property was listed for $589,900 on Mon Aug 18 2025. This house's size is 1500-2000 Sqft. It has 2 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 4 parking spots. 103 Albert St S, Orillia is situated in the Orillia neighbourhood.
MLS#: S12350207 · $589,900 · 2 bedroom house in Orillia, Orillia