380 BAYVIEW PARKWAY, ORILLIA

2024-03-26
 

Quick Summary

Location
380 BAYVIEW PARKWAY, ORILLIA, Ontario L3V3Y2
Price
$1,450,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2880ft2

MLS®#S8172780

Property Description

Looking for a turn key investment? Only 19 years old, this is an exceptional purpose built 5-plex with very low maintenance costs, featuring 4 two bedrooms units and 1 bachelor unit, all with 1 kitchen and bathroom. Occupied with triple A tenants, this property yields very strong cash flow, resulting in an excellent cap rate. The units have all been beautifully renovated with commercial grade flooring, new kitchens and bathrooms. An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants. Baseboard heating in bedrooms & heat/air conditioner unit in the living rooms. Located right across the street from the lake, and conveniently located just minutes from Hwy 12 and downtown Orillia, this is an opportunity to buy and benefit from the revitalization of Orillia. Financials Attached. **** EXTRAS **** This Property is Also Zoned for Commercial Use, providing Great Future Potential. Conveniently Located Minutes to Lake Couchiching, Parks, Trails, Restaurants and So Much More. (id:32467)

Property Features

Building

  • Appliances: Cooktop, Range, Refrigerator, Stove, Window Coverings
  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 2880 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 90 x 135 FT

Zoning

  • Description: C41

Information entered by IPRO REALTY LTD.
Listing information last updated on: 2024-09-04 02:12:22


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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Learn more about the One Percent Realty Deal

 

Tammy Wigley Salesperson

Phone:
(705) 790-1340
Mobile:
(705) 790-1340
Email:
wigleyrealestate@yahoo.ca
Support Area:
Barrie, Simcoe County, Angus, Essa, Alliston, Innisfil, Oro, Orillia

I have worked in the real estate industry for the past 10 years. In this time, along with my husband ...

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Karen Yurkiw Salesperson

Phone:
705-796-6433
Email:
karens4us@yahoo.ca
Support Area:
Barrie, Springwater, Angus, Orillia, Oro-Medonte, Innisfil, wasaga beach

I've been involved in the Real Estate industry for 35+ years; selling New Homes - new builds, condom ...

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Sue Nori REALTOR®

Phone:
705-333-9109
Email:
SueNoriRealEstate@gmail.com
Support Area:
Barrie, Orillia, Kawartha Lakes, Muskoka, Gravenhurst, Bracebridge, Angus, Minden, Haliburton, Midland, Penetanguishene, Tay township

Sue Nori - Team Nori RealtySIMCOE/MUSKOKA/KAWARTHA LAKES REALTOR®Here's a question for ...

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