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Home ON Greater Orillia Orillia
81 & 85 PETER STREET
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81 & 85 PETER STREET $1,500,000
$1,500,000
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81 & 85 PETER STREET
Orillia, Ontario L3V5B3

MLS® Number: S12286177

Listing Description

Going-in cap rate of 6.4% cap rate + approx 35%+ lift on overall rent roll. An add-value investors ideal next project. 2 buildings, 12-units (7x 1b & 5x bach). Built with durable Concrete/block construction. Laundry on site. 10 parking spots. Located downtown Orillia and 3-minute drive from Hwy 11 and Costco. (40894266)

Location Description

PETER AND ELGIN

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Orillia
Land Size
95 x 64 FT
Annual Property Taxes
$14,588
Time on REALTOR.ca
20 days

Building

Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Hot water radiator heat
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
6000 sqft

Land

Lot Features
Frontage
95 ft
Land Depth
64 ft
Other Property Information
Zoning Description
MULTI RESIDENTIAL
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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