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214 Mississaga Street W Orillia, Ontario L3V 3B5

5 Bedroom 5 Bathroom 3155 sqft
2 Level Wall Unit Boiler Lawn Sprinkler

$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:54532)

Property Details

MLS® Number 40636238
Property Type Single Family
AmenitiesNearBy Hospital, Public Transit, Schools, Shopping
EquipmentType None
Features Paved Driveway
ParkingSpaceTotal 8
RentalEquipmentType None
Structure Barn

Building

BathroomTotal 5
BedroomsAboveGround 4
BedroomsBelowGround 1
BedroomsTotal 5
Appliances Window Coverings
ArchitecturalStyle 2 Level
BasementDevelopment Finished
BasementType Full (finished)
ConstructionStyleAttachment Detached
CoolingType Wall Unit
ExteriorFinish Brick, Vinyl Siding
FireProtection Security System
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Boiler
StoriesTotal 2
SizeInterior 3155 Sqft
Type House
UtilityWater Municipal Water

Land

AccessType Road Access
Acreage No
FenceType Fence
LandAmenities Hospital, Public Transit, Schools, Shopping
LandscapeFeatures Lawn Sprinkler
Sewer Municipal Sewage System
SizeDepth 165 Ft
SizeFrontage 66 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription Hc-2

Rooms

Level Type Dimensions
Second Level 4pc Bathroom Measurements not available
Second Level Bedroom 11'4'' x 12'3''
Second Level Kitchen 11'2'' x 6'2''
Second Level Dining Room 8'11'' x 6'2''
Second Level Living Room 20'1'' x 13'10''
Second Level 4pc Bathroom Measurements not available
Second Level Bedroom 12'3'' x 9'3''
Second Level Living Room 12'3'' x 9'4''
Second Level Kitchen 11'11'' x 12'11''
Lower Level 3pc Bathroom Measurements not available
Lower Level Bedroom 13'3'' x 14'11''
Lower Level Recreation Room 8'10'' x 14'11''
Lower Level Kitchen 4'1'' x 14'11''
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom 12'8'' x 11'7''
Main Level Kitchen 13'8'' x 9'5''
Main Level Living Room 13'8'' x 9'10''
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom 12'7'' x 14'0''
Main Level Kitchen 12'8'' x 8'9''
Main Level Living Room 17'6'' x 11'11''

https://www.realtor.ca/real-estate/27367957/214-mississaga-street-w-orillia

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Nick Doherty
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