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53 Elgin Street Orillia, Ontario L3V 1S1

4 Bedroom 3 Bathroom 2005 sqft

None Baseboard Heaters, Forced Air

$730,000

Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas - electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord's storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants. (id:43988)

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Property Details

MLS® Number	40651043
Property Type	Multi-family
Amenities Near By	Public Transit, Shopping
Features	Crushed Stone Driveway, Laundry- Coin Operated, Sump Pump
Parking Space Total	3
Structure	Shed, Porch

Building

Bathroom Total	3
Bedrooms Total	4
Basement Development	Partially Finished
Basement Type	Partial (partially Finished)
Constructed Date	1915
Cooling Type	None
Exterior Finish	Brick, Vinyl Siding
Fire Protection	Security System
Foundation Type	Block
Heating Fuel	Electric, Natural Gas
Heating Type	Baseboard Heaters, Forced Air
Stories Total	3
Size Interior	2005 Sqft
Type	Triplex
Utility Water	Municipal Water

Land

Access Type	Road Access
Acreage	No
Land Amenities	Public Transit, Shopping
Sewer	Municipal Sewage System
Size Depth	100 Ft
Size Frontage	42 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	R3

Aerial

https://www.realtor.ca/real-estate/27476745/53-elgin-street-orillia

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Last Updated
September 27 2024 07:13:19

Data Provider
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®

Listing Office
Century 21 B.j. Roth Realty Ltd., Brokerage, Orillia

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Domenic Gagliardi

Domenic is a very important part of The Johnston Team and is proud to offer a high level of service to each & every client. Domenic works hard to make every client “Feel as if they are apart of the family” and consistently goes above and beyond for his clients. With over 20 years of real estate investing experience, Domenic has extensive knowledge of the real estate market. Domenic Gagliardi has been an independent investor and property manager for over 20 years. At the age of 19, Domenic purchased his first rental property while still living at home with family. This decision was based upon an amazing opportunity to become a young Investor to ultimately secure a better future down the road. He uses his experience & knowledge to assist his clients whether they are buying their dream home or an investment property. His love for people & hard work shows in his commitment to each & every client.

Matthew Johnston

Matthew has learned from the best! With over 20 years of experience, Matthew has become a vital part in the success of The Johnston Team. He now holds his Broker’s license and has a passionate commitment to ongoing education of market trends and up-to-date market information. Matthew utilizes the advanced technology and marketing tools at Royal Lepage First Contact Realty and has catapulted the Johnston Team to the next level with interactive communication for both the client and the consumer. Matthew has extensive experience with condos in Barrie, with over 100 condo transactions in the last 2 years. He has sold and rented the most condos at Manhattan & Greenwich village condos in Barrie and works hard to get the results his clients want. Additionally, Matthew is experienced in real estate investing in Barrie and purchased his first investment property at the age of 18 years old – A four bedroom townhome 2 mins from Georgian College for $87,500 (Keep in mind this was 1996). Last year alone, Matthew helped his clients purchase 28 investment homes within the City of Barrie. Matthew prides himself of being able to assist clients with all their real estate needs!

Robert Johnston

Robert started his career at A.E.Lepage in Toronto, back in the 70’s and has continued his life work in Real Estate. He has achieved Royal Lepage’s highest honours, the Life Time Achievement award and the prestigious Lifetime Chairman’s Club award. The Johnston Team are pleased to be an important part of Royal LePage First Contact Realty, a well-established and respected company in Barrie that strives to always be on the cutting edge of new and innovative marketing techniques, employing only the latest in technological advances. Robert was born and raised in Barrie and is a past member of the planning board of the City and is also an active member of The Rotary Club of Barrie for more than 25 years. Robert and Karen’s connectedness in the City shows their commitment to community involvement.