$950,000
Available - For Sale
Listing ID: S13739074
199 Nottawasaga Street , Orillia, L3V 3K2, Simcoe


Turnkey Investment or Live & Rent! Premium Legal Triplex with Garden Suite PotentialMaximize your real estate portfolio with this exceptionally well-maintained legal triplex, offering the perfect blend of steady rental income and premium, worry-free living. Situated in a highly desirable Orillia location, this property is just minutes from the hospital, a vibrant downtown core, and all essential amenities.The Units:Two Spacious 2-Bedroom Apartments: Bright, large layouts designed for comfortable living.One Generous 1-Bedroom Apartment: Well-proportioned and highly rentable space.Bonus: Excellent, reliable tenants are already in place and willing to stay, ensuring immediate cash flow from day one.Modern Efficiency & Premium Features:This property has been mechanically upgraded for low-maintenance ownership and peak energy efficiency. It features an on-demand tankless hot water system paired with a modern radiant water heating system. Best of all, there is no shared chore duty-every single unit enjoys its own independent laundry facilities.Massive Value-Add Potential:Sitting on an impressive and rare 212-foot deep lot, this property offers incredible future upside. Explore the possibility of expanding the existing structure or building a detached Garden Suite to add a fourth income stream!Whether you are looking for a hassle-free, high-yielding investment or want to live in one unit while letting the others pay your mortgage, this Orillia gem is a rare find.
Price $950,000
Taxes: $5853.00
Occupancy: Tenant
Address: 199 Nottawasaga Street , Orillia, L3V 3K2, Simcoe
Directions/Cross Streets: Nottawasaga St/Cameron St
Rooms: 14
Bedrooms: 5
Bedrooms +: 0
Family Room: T
Basement: Other
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Second Primary B 12.3 8.89 Laminate, Closet, Window
Room 2 Second Bedroom 2 12.33 8.86 Laminate, Closet, Window
Room 3 Second Kitchen 15.81 8.92 Laminate, Window
Room 4 Second Bathroom 8.82 5.94 Ceramic Floor, Window, 4 Pc Bath
Room 5 Third Loft 10.56 27.95 Laminate, Window
Room 6 Second Kitchen 15.91 5.77 Laminate
Room 7 Second Living Ro 7.25 25.49 Laminate, Window
Room 8 Second Bedroom 3 12.3 9.61 Laminate, Window, Closet
Room 9 Second Bedroom 4 11.22 15.97 Laminate, Window, Closet
Room 10 Second Bathroom Ceramic Floor, 4 Pc Bath
Room 11 Main Kitchen 6.69 8.89 Laminate, Window
Room 12 Main Living Ro 10.76 10.07 Ceramic Floor, Combined w/Living, W/O To Deck
Room 13 Main Bedroom 5 8.33 9.32 Laminate, Window, Closet
Room 14 Main Bathroom 5.28 8.5 Ceramic Floor, Window, 4 Pc Bath
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Main
Washroom Type 3 4 Upper
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Triplex
Style: 2 1/2 Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 5
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: Y
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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.
CASMIR REALTY
Personal Picture
Behzad Rahdari
Broker, P. Eng.
Dir:
416-301-7556
Bus:
905-883-4922
 
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At a Glance:
Type: Freehold - Triplex
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style: 2 1/2 Storey
Lot Size: x 216.90(Feet)
Approximate Age:
Tax: $5,853
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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