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Home ON Greater Orillia Orillia
214 MISSISSAGA STREET W
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214 MISSISSAGA STREET W $1,649,900
7 days ago
$1,649,900
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214 MISSISSAGA STREET W
Orillia, Ontario L3V3B5

MLS® Number: S12031330
4
Bedrooms
5
Bathrooms
3000 - 3500
Square Feet

Listing Description

Are you an investor? Looking for an investment where the numbers finally work? 1) Presenting an exquisite 5-plex investment property where you have the opportunity to set your own rents, fully reimagined with meticulous attention to detail. This property boasts four legally recognized units, with the front of the house being gutted to the studs and rebuilt new, and the back half is newly built to the highest standards, with luxurious finishes. 2) Step into each unit and be welcomed by stunning kitchens, outfitted with top-of-the-line stainless steel appliances and stylish cabinetry. The renovations extend to every aspect of the units, including individual air conditioning units, in-suite washers and dryers, and elegantly appointed bathrooms with towel warmers. And Triple-glazed front windows ensure quiet interiors, even with the property's prime location. 3) This property is approved for short-term rental and meets all requirements, fully compliant with the City of Orillia regulations. Units 1, 2, 3, and 4 are being offered fully furnished, and the property features a new metal roof, new upgraded flooring, new floor joists, new electrical, new plumbing, spray foam insulation, a high-end security camera system, and a sprinkler system, ensuring peace of mind and energy efficiency. 4) The property's separately metered 200-amp service allows for precise control over heating and hydro, facilitated by an energy-efficient on-demand hot water boiler with durable aluminum radiators for longevity. State-of-the-art access control technology enables remote management, making ownership effortless. 5) Situated in the heart of the city, directly across from the hospital, this property benefits from HC2 zoning, permitting a wide range of uses and offering excellent potential for future development. This 5-plex is more than just a place to live - it's an exceptional investment opportunity where every detail has been crafted to offer both luxury and practicality. (40082278)

Location Description

Douglas St/Mississaga St W

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
2
Square Footage
3000 - 3500 sqft
Community Name
Orillia
Land Size
66 x 165 FT|under 1/2 acre
Annual Property Taxes
$6,420
Parking Type
Detached Garage, Garage
Time on REALTOR.ca
7 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
5
Interior Features
Appliances Included
Water Heater, Barbeque, Dishwasher, Dryer, Furniture, Microwave, Alarm System, Stove, Washer, Window Coverings, Refrigerator
Basement Features
Separate entrance
Basement Type
N/A (Finished)
Building Features
Features
Sloping, Flat site
Foundation Type
Poured Concrete
Structures
Patio(s), Porch
Heating & Cooling
Cooling
Wall unit
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Parking
Parking Type
Detached Garage, Garage
Total Parking Spaces
8

Measurements

Square Footage
3000 - 3500 sqft

Land

Lot Features
Frontage
66 ft
Land Depth
165 ft
Landscape Features
Lawn sprinkler
View
City view
Other Property Information
Zoning Description
HC2
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4

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