For Sale

214 MISSISSAGA Street, Orillia, Ontario L3V3B5

$1,649,900

214 MISSISSAGA Street, Orillia, Ontario L3V3B5 is For Sale and has a listing price of 1,649,900. The property is located in the Orillia neighbourhood. It's been on the website for 80 Days.

  • Multi-family
    Property Type
  • 4
    Bedrooms
  • 5
    Bathrooms
  • 8
    Parking Spaces
  • MLS ID: 40636246
  • Office Name Royal LePage Quest Brokerage, Orillia (Unit B)
Property 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 a licensed short-term rental, fully compliant with the City of Orillia regulations, and the license is transferable to the new owner. 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. (id:43137)

Property Details
  • Virtual Tour: Click Here
  • Bedrooms: 4
  • MLS ID: 40636246
  • Bathrooms: 5
  • Price: $1,649,900
  • Transaction Types: For Sale
  • Ref ID: 27367838
  • Year Built: N/A
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
09/05/2024 40636238 $1,649,900 For Sale - -
09/05/2024 S9300149 $1,649,900 For Sale - -
09/03/2024 40636246 $1,649,900 For Sale - -
05/23/2023 40414387 $1,699,900 - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Orillia
  • $782,119 Average List Price
    based on 1 year
  • 90 New Listings
    based on 30 days
  • 95 Median Days on Market
    based on 1 year
  • List vs. Selling Price 96.42 % Up
  • Sold (12mo) 288
  • Rented (12mo) 86

  • 1 Month Change -1.3%
  • 3 Month Change +3.4%
  • 6 Month Change +9.9%
Walkscore
  • 82 Walk Score
    Very Walkable
  • 54 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    77.25%
  • Commercial
    11.69%
  • Condo
    10.11%
  • Land for Sale
    0.95%
Additional Details
  • Sewers Municipal Sewage System
  • Heat Source Natural Gas
  • Basement2 Full (finished)
  • Water Municipal Water
  • Exterior Brick, Vinyl Siding
  • Cooling System Wall Unit
  • Total Parking Spaces: 8
  • Property Features Paved Driveway
  • Fireplace False
  • Security Security System
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 03/09/2024 00:00:00
  • Zoning R1-1-9
  • Agent Name: Nick Doherty
  • Address Subdivision: West Ward
  • Last Updated: 05/09/2024 13:00:14
Open House Dates
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