Turn-key investment property! Excellently maintained, purpose built, legal 8 unit apartment building. Located in northern Orillia in a quiet, well established neighborhood close to all amenities. Built in 2016 this 8-plex has 7, 2 bedroom units and 1, 1 bedroom units. Strong rents which are mostly c...lose to market value this property is approximately a 5.31% return on cash investment. Very little maintenance required, generally fairly hands off property. All tenants pay their own utilities. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 9 parking spots and 1 handicapped parking spot. Do not go direct or bother tenants. Financials available upon inquiry. Buyer or their agent to verify that financials provided are true and accurate.
Similar Properties(No results)
Mortgage Calculator
Calculate your estimated monthly mortgage payment
Price
$2,299,000
$
%
%
Total cost of mortgage
$0
Monthly payment
By clicking Save, we will calculate your estimated mortgage for all properties using the saved values (down payment percentage, interest rate, and amortization).
The accuracy and applicability of this calculator are not guaranteed.