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Kalpesh Patel (KK)

Broker
Homelife/Miracle Realty Ltd., Brokerage Independently owned and operated. 5010 Steeles Ave. west, Toronto, Nunavut M9V5C6 Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135

$999,999
Available - For Sale
Listing ID: S12112337
17 West Stre South , Orillia, L3V 5G2, Simcoe


Discover an exceptional investment property at 17 West Street South, Orillia, offering a unique blend of commercial and residential potential. This expansive property boasts 2,150 sq ft of commercial space on the main level, ideal for retail, office, or service-based businesses, with high visibility in a bustling downtown location.The upper level features a spacious rooming house setup with 8 bedrooms, including 5 fully finished rooms (2 currently rented) and 3 rooms awaiting drywall and finishing touches to maximize rental income. The layout includes generous open spaces for shared living rooms and sitting areas, ensuring comfort for all tenants. With ample room for customization, this property is perfect for investors looking to capitalize on Orillia's growing rental market.Additional features include a 5 easement running the entire length of the property, adjacent to the CIBC parking lot, providing convenient access. This large, versatile building offers endless possibilities for generating steady cash flow through commercial leases and residential rentals.Don't miss this rare opportunity to own a high-potential property in the heart of Orillia! Visit my website for more information.
Price $999,999
Taxes: $6722.43
Tax Type: Annual
Assessment Year: 2024
Occupancy: Tenant
Address: 17 West Stre South , Orillia, L3V 5G2, Simcoe
Postal Code: L3V 5G2
Province/State: Simcoe
Directions/Cross Streets: Mississaga and West
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Multi-Use
Building Percentage: F
Total Area: 2856.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Personal Picture
Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
 
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At a Glance:
Type: Com - Commercial Retail
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: x 136.23(Feet)
Approximate Age:
Tax: $6,722.43
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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