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214 Mississaga Street W Orillia, Ontario L3V 3B5

4 Bedroom 5 Bathroom 3155 sqft

Wall Unit

$1,649,900

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:43988)

Property Details

MLS® Number	40636246
Property Type	Multi-family
Amenities Near By	Hospital, Public Transit, Schools, Shopping
Features	Paved Driveway
Parking Space Total	8
Structure	Barn

Building

Bathroom Total	5
Bedrooms Total	4
Appliances	Window Coverings
Basement Development	Finished
Basement Type	Full (finished)
Cooling Type	Wall Unit
Exterior Finish	Brick, Vinyl Siding
Fire Protection	Security System
Foundation Type	Poured Concrete
Heating Fuel	Natural Gas
Stories Total	2
Size Interior	3155 Sqft
Utility Water	Municipal Water

Land

Access Type	Road Access
Acreage	No
Fence Type	Fence
Land Amenities	Hospital, Public Transit, Schools, Shopping
Sewer	Municipal Sewage System
Size Depth	165 Ft
Size Frontage	66 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	Hc-2

Aerial

https://www.realtor.ca/real-estate/27367838/214-mississaga-street-w-orillia

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Last Updated
September 05 2024 01:00:14

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

Listing Office
Royal LePage Quest Brokerage, Orillia (Unit B)

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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!