Orillia L3V 2S1
Canada

Property

Ownership: For Sale
Type: Duplex
Bedrooms: 10 BR
Bathrooms: 9

Financials

Price:C1,098,000
($777,400)
(€677,700)
Annual Taxes:C7,408
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone:

Investor Alert ! Seize a rare, high yield opportunity with this modern, purpose built legal duplex at 371 Barrie Street, Orillia.

    Description

    Investor Alert! Seize a rare, high-yield opportunity with this modern, purpose-built legal duplex at 371 Barrie Street, Orillia. Constructed in 2018, this turnkey property is being sold as a corporation, offering savvy buyers significant tax savings on the purchase and the added financial advantage of a carry-forward loss. Designed for maximum rental efficiency and comfort, the building features two expansive above-ground floors housing a total of eight bedrooms-each uniquely equipped with its own private bathroom. These levels provide bright, spacious common living areas and well-appointed kitchens for residents. Adding even more value is the self-contained walk-out lower level, which serves as a full two-bedroom, two-bathroom apartment. With a realistic 7% cap rate and a layout optimized for low-vacancy and high-density living, this is a cornerstone asset for any portfolio. Full financials are available upon request for serious inquiries. Don't miss out on this sophisticated blend of modern construction and strategic tax positioning.

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.