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31 Frederick Street Orillia, Ontario L3V 5W5

2 Bedroom 2 Bathroom 3175 sqft

Central Air Conditioning Baseboard Heaters, Forced Air

$999,900

This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7 separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy. (id:43988)

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Property Details

MLS® Number	40658621
Property Type	Multi-family
Amenities Near By	Hospital, Public Transit, Schools
Equipment Type	Water Heater
Features	Paved Driveway, Sump Pump
Parking Space Total	10
Rental Equipment Type	Water Heater

Building

Bathroom Total	2
Bedrooms Total	2
Appliances	Microwave, Microwave Built-in, Window Coverings
Basement Development	Partially Finished
Basement Type	Partial (partially Finished)
Cooling Type	Central Air Conditioning
Exterior Finish	Vinyl Siding
Foundation Type	Stone
Heating Fuel	Electric, Natural Gas
Heating Type	Baseboard Heaters, Forced Air
Stories Total	2
Size Interior	3175 Sqft
Type	Triplex
Utility Water	Municipal Water

Land

Access Type	Road Access
Acreage	No
Land Amenities	Hospital, Public Transit, Schools
Sewer	Municipal Sewage System
Size Depth	132 Ft
Size Frontage	60 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	Hc2

Aerial

https://www.realtor.ca/real-estate/27509009/31-frederick-street-orillia

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Last Updated
October 05 2024 06:41:15

Data Provider
Barrie & District Association of REALTORS® Inc.

Listing Office
Revel Realty Inc. Brokerage

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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.