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371 EAST ST ORILLIA STREET, Orillia — listed at $589,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
4 PLEX in Orillia ready to rent to your tenants of choice and set to generate immediate income of estimated $7000 per month with excellent parking at front and rear (approximated 6-8 cars). Low maintenance building offers Unit #1- 3 Bedrooms and 1 bathroom ; Unit #2 - Bachelor with 1 bathroom ; Unit #3 - 4 Bedroom and 1 bathroom ; Unit #4 - 2 Bedrooms and 1 bath. Located steps to downtown, Tudhope park and the waterfront this is ideal for first-time investors looking to build equity in a town with strong demand. Home has two gas furnaces for heat, steel roof and vinyl windows. 10 Bedrooms and 4 baths in total. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Ground level | 3.05 x 3.05 meters |
| Bedroom 2 | Ground level | 3.05 x 3.05 meters |
| Bedroom 3 | Ground level | 3.05 x 3.05 meters |
| Bedroom | Basement | 3.05 x 3.05 meters |
| Bedroom | Upper Level | 3.05 x 3.05 meters |
| Bedroom 2 | Upper Level | 3.05 x 3.05 meters |
| Bedroom 3 | Upper Level | 3.05 x 3.05 meters |
| Bedroom 4 | Upper Level | 3.05 x 3.05 meters |
| Bathroom | Ground level | 2.13 x 3.05 meters |
| Bathroom | Ground level | 2.13 x 3.05 meters |
What's the parking situation?+
This property includes 5 spaces — No Garage.
Is this a good starter home?+
At $589,000, this is priced in starter-home territory for Orillia. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,412, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is 371 EAST ST ORILLIA STREET a good fit for a growing family?+
With 10 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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