Imagine owning a piece of history in the scenic vacation hotspot of Orillia, where every day feels like a getaway. This remarkable full brick building, built to last the ages, houses four beautifully updated one-bedroom units, each a testament to timeless craftsmanship and classic style. Step inside, and you'll find a world of upscale contemporary living. With every detail meticulously updated within the last four years, there's nothing left to do but enjoy. From the plumbing to the electrical, and everything in between, this property is completely turnkey with no deferred maintenance. Attract top-tier tenants with this impeccable building, a smart investment opportunity with proven income, system, and business strategy. The property is fully legal, adhering to all township building codes and fire safety regulations, with a recent inspection passing in January 2025. The flexible zoning opens up a world of possibilities keep it as a mix of short and long-term rentals or convert all four units into a unique boutique hotel experience, capitalizing on Orillia's thriving tourism. Nestled just a short walk from the vibrant downtown strip, you'll find yourself surrounded by incredible restaurants, boutique shops, and cozy cafes. The picturesque boardwalk waterfront invites you for peaceful strolls, while the nearby public library and Lake head University add to the community's vibrant culture. Seize this incredible opportunity to live the entrepreneurial life you've always dreamed of. Whether you're looking to diversify your income or start a new business venture, this property offers the perfect blend of convenience, and financial growth. Your stronger financial future starts here, offering a wealth of possibilities.*Completely Reno'd 2020 * New Roof 2019 * Furnaces 2020 * Concrete Collar 2022 * New Decks & Shed 2023 * 4 Spot Asphalt Parking Area 2022* Updated Upper Siding 2023 * Fantastic Location * 5 Separate Hydro Meters * Great Income With Room For More* (id:56069)
MLS® Number | S12030043 |
Property Type | Multi-family |
Community Name | Orillia |
Parking Space Total | 4 |
Bathroom Total | 4 |
Bedrooms Above Ground | 4 |
Bedrooms Total | 4 |
Amenities | Separate Electricity Meters |
Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
Basement Development | Unfinished |
Basement Type | N/a (unfinished) |
Cooling Type | Wall Unit |
Exterior Finish | Brick |
Foundation Type | Concrete |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 2 |
Type | Fourplex |
Utility Water | Municipal Water |
No Garage |
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 130 Ft |
Size Frontage | 35 Ft |
Size Irregular | 35 X 130 Ft |
Size Total Text | 35 X 130 Ft |
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https://www.realtor.ca/real-estate/28048261/66-nottawasaga-street-orillia-orillia
Contact us for more information
Ralph Ciancio
Broker of Record
(647) 247-6000
ralphcianciohomes.com/