ON
Orillia
L3V 5C3
102 West Street
102 West Street, Orillia, ON L3V 5C3
Share Listing
Listing Type
Single Family
Listing Status
Active
24
$624,900

Home Details for 102 West Street

Price
$624,900
Type
Residential
Bedrooms
6
Total Bathrooms
4
Basement
Finished
Listing #
S13771100
Property Description

A rare opportunity to own a legal, income-producing triplex in the heart of Orillia. Set on a generous lot with ample surface parking, this property offers self-contained units, each with its own entrance, kitchen, and bathroom, plus shared coin laundry for added convenience and revenue. The unit mix includes two 2-bedroom units, one 1-bedroom unit, and a finished basement that offers a fourth potential unit for additional income.Two of the units are occupied month to month, providing immediate cash flow, while one unit sits vacant, giving a new owner full control to set market rents from day one. The finished basement adds further upside for investors looking to unlock the property's full earning potential. For first-time buyers or owner-occupants, the layout also allows you to live in one unit while tenant income from the others helps offset your own housing costs.The location works hard for both tenants and owners, with downtown shopping, schools, the hospital, parks, and quick highway access all just steps away. Big-ticket maintenance is already handled too, with a new roof installed in 2024. The property is being sold move-in ready, with all four stoves, four fridges, washer, dryer, and light fixtures included.Whether you're an investor looking to capture the upside in the vacant unit and basement, or a buyer wanting to offset your mortgage with rental income, this triplex offers flexibility and long-term value in one of Orillia's most convenient locations. Book your showing today - opportunities like this don't sit long. (id:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Radiant
  • Cooling Information
    • None
  • Water Features
    • Public
  • Parking
    • No Garage
  • Basement
    • Finished
Listing Courtesy: CENTURY 21 B.J. ROTH REALTY LTD.
Canadian Real Estate Association logoThe trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY TRUE NORTH, BROKERAGE
1004B Carson Road, Suite 5, Springwater, ON L9X 0T1
Office
Request more details
Code: