17 Champlain Street, Orillia — For Sale in Orillia
6 bed · 3 bath · Investment for sale in Orillia.
17 Champlain Street, Orillia, ON L3V 2G6
About This Property
Now for sale at 17 Champlain Street in Orillia: a 6-bedroom, 3-bathroom investment listed at $877,000.
Residential property with three self-contained units. Solid brick 1/2 story home in prime Orillia North Ward, steps from the Lake Couchiching. Legal duplex with 3 separate units, each with its own kitchen and bathroom with a total of 6 bedrooms, 3 bathrooms, 3 kitchens, 2 laundries. 3 bedroom unit on the main floor with its own washer/dryer, 1 bedroom unit upstairs, and 2 bedroom unit in the basement with its own washer/dryer. Live on the main floor and rent the other 2 units, or buy it as a pure income property. All units recently renovated. Fully fenced and gated backyard with a 3 car detached garage 31 x 29 ft with separate 9 ft doors and ample of parking. Steps to schools, Couchiching Golf Course, and the lake. Easy access to Hwy 11. Great cash flow: Basement rented for $1,995, upstairs for $1,250, main floor was rented for $2,200 and currently vacant. Main floor can be rented for $2,500. Garage rented for $300 or can be vacant. Current total rent is $5,745. Possibility to build 2 more units (2 garden suites) on top of the garage. Seller can assist with permits and construction. Recent updates: steel roof, furnace, air conditioner, some windows, hot water heater, electrical service. Pictures taken before tenants moved in and digitally modified to remove personal items.
Property Specifications
| MLS® Number | S12821878 |
|---|---|
| Status | For Sale |
| List Price | $877,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 6 |
| Bathrooms | 3 |
| Living Area | 7724 sq ft |
| Address | 17 Champlain Street, Orillia, ON L3V 2G6 |
| City | Orillia |
| Postal Code | L3V 2G6 |
Listing Contracted With: REMAX YOUR COMMUNITY REALTY
