Investor Alert ! Seize a rare, high yield opportunity with this modern, purpose built legal duplex at 371 Barrie Street, Orillia.
| Website: | https://www.nestseekers.com/5580225 |
|---|---|
| Address: | Orillia L3V 2S1 Canada |
| Ownership: | For Sale |
|---|---|
| Type: | Duplex |
| Bedrooms: | 10 BR |
| Bathrooms: | 9 |
Financials
Price:C1,098,000
($777,400)
(€677,700)
Annual Taxes:C7,408
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.
Angelo Ferlisi 9 Queen Street Unit 7, Cookstown, Ontario |