200 Edward Street, Orillia, ON

About 200 Edward Street

Attention Orillia Real Estate Investors! Legal triplex within a 1 minute walk to Soldiers Memorial Hospital. Tons of upside on rental income with 2 vacant units and the 3rd unit can be vacant on closing so you can set rents at market rent from day 1! Also decrease expenses because all units are seperatly metered allowing tenants to pay their own hydro bills. Basement unit offers 2 beds, One 4pc bath, kitchen and living room plus in suite laundry, ceramic floors throughout and currently vacant. Rear unit is a 1 bed, One 4pc bath, large living room, in-suite laundry, laminate floors, freshly painted and currently vacant. Front unit is two levels and offers 1 bed, one 4pc bath, living room, kitchen and in-suite laundry ( this unit is currently occupied but can be vacant on closing if necessary). Gas wall furnaces in each unit. Large mature backyard. Front has excellent parking with space for atleast 6 cars. Attract quality tenants due to strong location just steps from schools, hospital, businesses, downtown and is on a bus route.

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