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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$859,900
Available - For Sale
Listing ID: S13638498
7.3% cap. Most fourplexes that come up need something: units to renovate, rents to catch up, or a hydro bill you inherit. This one needs none of it. All four units are renovated, leased, and separately metered, so tenants carry their own power and your operating exposure stays where you can predict it. The quality of the finishes is why it leases the way it does. Units get picked up quickly and no more vacancy, which is the difference between a building that runs itself and one that runs you. The capital cycle is finished. Roof 2019. High-efficiency furnaces and attic insulation 2020. Roof and eave heating cables 2021. Concrete collar, upper-level siding and storage shed 2022. Paved parking and main-floor air conditioning 2023. Water heater owned, not rented. Solid brick construction, zoned Fourplex, with four parking spaces, shared basement laundry and private entrances for the main-floor units. The businesses of Downtown Orillia, waterfront boardwalk, scenic trails and Lakehead University are all a walk away, which is what keeps the tenant pool deep and the units full.
Price $859,900
Taxes: $4,686.99
Occupancy by: Tenant
Address: 66 Nottawasaga Street , Orillia, L3V 3J4, Simcoe
Directions/Cross Streets: Albert St N & Nottawasaga St
Rooms: 12
Bedrooms: 4
Bedrooms +: 0
Washrooms: 4
Family Room: F
Basement: Unfinished
Full
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Bedroom 10.99 10.66 Vinyl Floor, Window, Closet
Room 2: Main Living Ro 11.91 10.66 Vinyl Floor, Window, W/O To Porch
Room 3: Main Kitchen 6.92 7.84 Vinyl Floor, Stainless Steel Appl, Stone Counters
Room 4: Main Bedroom 2 8.92 10.82 Vinyl Floor, Window, Closet
Room 5: Main Living Ro 11.09 10.82 Vinyl Floor, Window, Walk-Out
Room 6: Main Kitchen 7.54 7.87 Vinyl Floor, Stone Counters, Stainless Steel Appl
Room 7: Second Bedroom 3 11.41 12.40 Vinyl Floor, Window, Closet
Room 8: Second Living Ro 11.58 13.91 Vinyl Floor, Window, Wainscoting
Room 9: Second Kitchen 8.00 6.99 Vinyl Floor, W/O To Deck, Stainless Steel Appl
Room 10: Second Bedroom 4 11.32 10.00 Vinyl Floor, Window, Closet
Room 11: Second Living Ro 11.32 11.32 Vinyl Floor, Window, Combined w/Kitchen
Room 12: Second Kitchen 6.17 7.90 Vinyl Floor, Stainless Steel Appl, Open Concept
No. of Pieces Level
Washroom 1:  3 Second
Washroom 2:  3 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Second
Washroom 7:  3 Main
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Second
Washroom 12:  3 Main
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  3 Second
Washroom 17:  3 Main
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  3 Second
Washroom 22:  3 Main
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 1500-2000
Property Features: Arts Centre
Park
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Real Broker Ontario Ltd.

66 Nottawasaga Street , Orillia, L3V 3J4, Simcoe

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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At a Glance:
Type: Freehold - Fourplex
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style: 2-Storey
Lot Size: x 130.00(Feet)
Approximate Age:
Tax: $4,686.99
Maintenance Fee: $0
Beds: 4
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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