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371 East St Orillia, Ontario L3V 4C6

10 Bedroom 4 Bathroom

Forced Air

$1,199,999

This Property Is A Legal Fourplex That Generates A High Income Of Approximately $82800 Annually For The Owner. The Annual Expenses Are Roughly: Hydro 580/month Gas 360/month Water 320/month Insurance 500/month Tax 4800/year Maintenance 2000/year. Monthly rental income: Unit 1 $1550, unit 2 $1650, unit 3 $1850, unit 4 $2000. The Location Of The Property Is Great And There Is A High Demand For Rentals In The Area. The Property Is Easy To Finance And Has A Walk Score Of 35 And A Bike Score Of 64. There Are A Total Of 10 Bedrooms In The Property And It Is Close To The Water And Downtown Area. Motivated Seller. **** EXTRAS **** Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses. (id:43988)

Property Details

MLS® Number	S8241026
Property Type	Single Family
Community Name	Orillia
Parking Space Total	5

Building

Bathroom Total	4
Bedrooms Above Ground	9
Bedrooms Below Ground	1
Bedrooms Total	10
Basement Features	Apartment In Basement
Basement Type	N/a
Exterior Finish	Aluminum Siding, Vinyl Siding
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Type	Fourplex

Land

Acreage	No
Size Irregular	44 X 115 Ft
Size Total Text	44 X 115 Ft

Aerial

https://www.realtor.ca/real-estate/26760472/371-east-st-orillia-orillia

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Last Updated
April 16 2024 11:29:49

Data Provider
Toronto Real Estate Board

Listing Office
Zolo Realty

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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!

Karen Johnston

Karen has enjoyed over 20 years as a real estate representative, this after a dozen years in the banking industry with the Royal Bank in Barrie. With time off to raise a family she then joined her husband Robert in his already successful real estate career, they went on to become one of the 1st husband & wife teams in Barrie and area. Karen enjoys every aspect of the real estate industry, especially customer care and the creative marketing of each and every one of their listed properties. Karen has completed the Canadian Staging course and Feng Shui course to help their clients homes stand out and show their best.

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.