$779,900 $4,187 est/mo Sourced by Back At You

486 Gill Street,Orillia, ON L3V 4L1

Orillia ON, L3V 4L1

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Description

Are you in search of a fully equipped rental opportunity? Look no further than this legal duplex, ideally situated just a 5-minute walk from Lake Simcoe on Gill Street in the sought-after South Ward. Boasting 5 bedrooms and 2 bathrooms, this property offers versatility and potential. The main floor features 3 bedrooms along with a fully updated bathroom, kitchen, floors, paint, and a charming sunroom adding an extra 149 sq ft of living space. Additionally, there's a detached garage/workshop measuring 16 x 24 with hydro, currently serving as a games room complete with a pool table, dart board, and bar. Notable upgrades include new windows, garage door, metal roof, insulation, and rubber floor in the garage. The lower unit comprises 2 bedrooms and a fully upgraded bathroom, providing ample living space. The standout feature of this property is its expansive yard measuring 50x167, offering tremendous potential for future development. With the zoning and lot size permitting an additional dwelling unit, you have the option to construct another house at the rear or convert the garage into another rental unit to maximize your return on investment. Recent upgrades include a new roof in 2018, new eaves trough, fascia, and soffit in 2020, a 200amp electrical panel in 2020, a new hot water tank in 2020, and retaining walls both front and back. Don't miss out on this exceptional opportunity - schedule a showing today to explore the possibilities!

Details

MLS#40571553
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Days On Site98
Listing Provided ByRE/MAX Right Move Brokerage | Jesse Henneveld

Features

Bed(s)5
Bath(s)2
SQ Feet1,050
Garage1
BasementY
Story(s)1
Units2
Building(s)1
ZoningR2
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 25 minutes ago
ProvinceON
CountySimcoe County
CityOrillia
Postal CodeL3V 4L1
AreaOrillia
SubareaSouth Ward
Community NameSouth Ward
Listing VS Median (in South Ward)
Price:
$779,900
low | high
Med:
$619,950
70.509039620464% of Average
SqFt:
1,050
low | high
Med:
887
65.52380952381% of Average
$ / SqFt:
$743
low | high
Med:
$700
55.728647187528% of Average
On Site:
98
low | high
Med:
40.500000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 5:06:40 PM PDT