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31 MISSISSAGA STREET W
Orillia Ontario L3V3A5 Canada

$1,195,000

Active Listing ID S8228264
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5,224 square feet
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Multi-family

$1,195,000

Active Listing ID S8228264
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31 MISSISSAGA STREET W Top 5 Reasons You Will Love This Property: 1) Rare opportunity to own a renovated and turn-key, multi-unit commercial building in the heart of Orillias blossoming downtown 2) Enjoy a cap rate over 6% with five fully tenanted units, including two commercial spaces on the main level, one being a laundromat and the other being a clothing store 3) Three modernized and updated, two-bedroom residential units with an additional long-term revenue upside 4) Recent updates include a TPO roof, copper and pex plumbing throughout, and $581/month increased NOI 5) Directly across the street from the Orillia Public Library and Opera House in one of Orillia's most coveted downtown neighbourhoods. 5, 816 fin.sq.ft. Age 104. Visit our website for more detailed information. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Fully air conditioned
  • Heating Systems: Baseboard heaters
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 5/15/2024 4:26:37 PM GMT
Source Updated Date: 6/14/2024 12:45:43 AM GMT

Courtesy of: MARKFARIS, Salesperson, FARIS TEAM REAL ESTATE

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