Orillia, Ontario

Looking for a turn key investment? Only 20 years old, this is an exceptional purpose built 5-plex with very low maintenance costs, featuring four 2-bedrooms units and 1 bachelor unit, all with 1 kitchen and 1 full bathroom. Occupied with triple A tenants, this property yields very strong cash flow ($92,400), resulting in an excellent cap rate. All units have all been beautifully renovated with commercial grade flooring (2023), new kitchens (2023) and bathrooms (2023). An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants, and low operating costs ($17,653). Baseboard heating in bedrooms & heat/air conditioner unit in the living rooms. Located right across the street from the lake, and conveniently located just minutes from Hwy 12 and downtown Orillia, this is an opportunity to buy and benefit from the revitalization of Orillia. Financials Attached. (id:44523)

Tiny, Ontario

***Fantastic Investment Opportunity*** Incredible 12 Unit (per MPAC) Multiplex Only Steps To Balm Beach. Well - Maintained Solid BrickBuilding w/ Plenty Of Recent Updates. Generous 0.36ac Lot. Stable & Reliable Tenant Base Contains (4+2) 1 Bedroom Units (2+3) BachelorUnits (1) Vacant Unit Currently Under Remodelling. 12 3pc. Washrooms 11 Kitchens + (Plus One (1) Under Renovation) & Storage Rm. HeatPump (2020) Boiler (2022) Roof Shingles (2020) Panel (2020) & More. Located In The Highly Sought After Area Of Balm Beach Minutes ToTown. Plenty Of Pictures Available. Dont Miss This Unique Opportunity! (id:44523)

Elmvale, Ontario

DISCOVER A POSITIVE CASH FLOW INVESTMENT OPPORTUNITY IN THE HEART OF ELMVALE! Welcome to 30 Queen Street West! This incredible property in the heart of Elmvale offers a unique investment opportunity, combining a high-end laundromat with four fully renovated apartments. The laundromat and rental income from the apartments offers the potential for a stable and secure financial future. Located in the bustling downtown area of Elmvale, the property benefits from high visibility and foot traffic, attracting both locals and tourists. Elmvale is set to become the next crown jewel of Springwater Township, with major developments and investments underway, this prime location makes it an even more attractive investment. The laundromat is well-established with a loyal customer base and boasts a stellar 5-star rating on Google. It features state-of-the-art washers and dryers, including specialized horse blanket machines, catering to a wide range of clients. All equipment is fully owned, meaning no ongoing lease or payment obligations. The property showcases three fully renovated 2-bedroom, 1-bathroom apartments, each updated from top to bottom, along with a newly refreshed main-floor 2-bedroom, 2-bathroom unit that boasts a stunning, modern kitchen. Additionally, the building's mechanical systems, including plumbing, electrical, and heating, have been fully updated. Tenant parking is secured by a gated entrance with convenient fob access. Don't miss out on this exceptional opportunity to own a turnkey investment property in a rapidly developing area! (id:44523)

Barrie, Ontario

Legal Conforming Triplex – 3 Units - Newly Renovated and Ready for You! Welcome to this beautifully renovated 3-unit building, where modern living meets comfort and convenience. Perfect for investors or those looking for multi-family living, this property boasts a range of contemporary upgrades that enhance both aesthetic appeal and functionality. Vacant – Set your own rents! Main unit – 3 Bedrooms, 2 Baths, + Den, In suite Laundry, Renovated Kitchen and Baths, new doors and several windows ,separate hydro meter, gas heat, own meter Unit 1 – 1 Bedroom, 1 Bath, In suite Laundry, Completely renovated , separate hydro, new windows and door. Heat Pump with backup baseboard heat Unit 2 – Bachelor, 1 Bath, In suite Laundry, separate hydro meter, newly created, new windows and doors Heat Pump with backup baseboard heat Freshly Renovated Interiors: Each unit has been meticulously updated with modern finishes, ensuring a fresh and inviting atmosphere for residents. Modern Flooring and Fresh Paint: The property shines with new flooring throughout and fresh paint on every wall, creating a cohesive and modern look that is move-in ready. New sod laid front and back, large parking area This prime location is not only a great investment opportunity but also offers easy access to local amenities, parks, schools, and public transportation, making it ideal for families and professionals alike. With three distinct units, this building offers diverse rental income opportunities. Each unit is designed for comfort and efficiency, appealing to a wide range of tenants. Conclusion: Don’t miss the chance to own this exceptional three-unit property that combines style, comfort, and functionality in a desirable location. Schedule a viewing today and envision the possibilities this renovated building has to offer! One Director of Selling Corp is a Registered Real Estate Salesperson (id:44523)

Barrie (Codrington), Ontario

Truly Once-In-A-Lifetime Investment Opportunity Steps To The Lake & Georgian College. Discover A Rare And Exceptional Opportunity To Own A Detached Fourplex Unlike Anything Else On The Market A Stunning Multi-Unit Property On A Huge Lot With No Neighbor To The Right, Backing And Siding Onto A Forested Ravine With A Scenic Walking Trail, And A Charming Bridge Over A Stream. The Juxtaposition Of A Serene Forested Oasis In The Heart Of The City, Steps To The Lake, Walkscore Of 100 And 5 Mins To The 400! Calling All Commuters! Only 45 Minutes To The GTA!!! Containing Four One-Bedroom Units!!! Plus There's An Opportunity For Easy Expansion As There's A Huge Unfinished Basement With 8-Foot Ceilings, Huge Windows And Already Partially Framed And Insulated!!! Yes, Its A Slow Market, But This Opportunity Will Not Last!! Book Your Showing Now And Make An Offer! You Will Not Regret It! (id:44523)

Barrie (City Centre), Ontario

12 bedroom rooming house with countless improvements. Located steps to new condos which may make this site appealing for future development considerations with appropriate land assembly. Fully tenanted with strong income and expese statement available on request. (id:44523)

Midland, Ontario

Fantastic Triplex with Unlimited Potential in Downtown Midland! Discover the possibilities with this remarkable triplex nestled in the heart of downtown Midland, Ontario. Featuring 3 Legal units, this property offers an exceptional opportunity for investors and homeowners alike. With the large backyard space, ample parking, and lots of opportunities for tenant turnover, the potential for rental income or personal use is truly outstanding. Located in a vibrant neighbourhood known for its walkability, residents will enjoy the convenience of urban living with a touch of tranquility. Whether you're looking to expand your investment portfolio or seeking a place to call home, this triplex promises an unparalleled lifestyle. Don't miss out on this chance to own a piece of downtown Midland with endless possibilities. (id:44523)

Barrie, Ontario

Turnkey investment opportunity! Very clean and well maintained legal duplex in quiet southwest end neighborhood. Current upstairs long-term tenant paying 2500.00 per month(leaving at the end of May). Basement is currently rented at 1600.00 per month(1 year lease). Basement apartment has new floors, fresh paint, new vanity and glass shower doors, new stove, hood fan, newer fridge. Windows and doors have been replaced. Newer unistone walkway. Upstairs 3 bedroom is very clean and bright with generous sized living spaces, eat-in kitchen, living dining room combination, a large covered front balcony from the living room and another off the bedroom. New owner has the opportunity to live up or down and easily rent out the other space. Very close to schools, public transit, shopping, and easy access to highway. Don't miss out on this amazing property! Heating:$125.10, Water:$121.10, Electric Expense: $96.60, Hot Water heater rental:$30.50, Property taxes:$4168.00 (id:44523)

Barrie (City Centre), Ontario

Own a piece of Barrie's vibrant downtown core with this exceptional investment opportunity! Located in the heart of downtown Barrie, 31 Bayfield Street presents a rare chance to acquire a well-established rooming house with a thriving Irish pub on the ground floor. This property offers a unique blend of stable income, significant cash flow, and long-term appreciation potential.This rooming house boasts 34 units and generates a robust net cash flow of $248,409.57 after expenses, providing immediate returns on your investment. The established Irish pub further enhances the property's income potential. This property provides essential housing in Barrie, addressing a critical need within the community. Investing here means contributing to the local economy and making a positive social impact. As rents continue to rise in Barrie's desirable downtown core, this property is poised for substantial appreciation in value. This is a legacy investment, capable of generating steady income for generations to come. Recognizing the unique financing considerations associated with rooming houses, the owner is offering vendor take-back financing of up to $1,000,000 in second position. This exceptional opportunity significantly eases the acquisition process and demonstrates the seller's confidence in the property's performance. Investment Highlights: Strong Cash Flow: The impressive net cash flow provides immediate returns and a solid foundation for future growth.Strategic Location: Downtown Barrie is a hub of activity, ensuring consistent demand for both residential and commercial spaces. Community Impact: This property plays a vital role in providing housing solutions within the community.This is not just an investment; it's an opportunity to secure a stable income stream, contribute to the community, and build long-term wealth. Don't miss out on this rare chance to own a prime piece of downtown Barrie. (id:44523)

Orillia, Ontario

Prime Investment Triplex! Why Invest in Orillia? Orillia is not just a picturesque city; it's a hub of activity and development. With its mix of urban convenience and natural beauty, it attracts a diverse range of tenants. The ongoing growth in the area presents an excellent opportunity for property appreciation and rental demand. Don't miss out on this chance to secure a valuable triplex in a thriving location Unlock a fantastic investment opportunity with this well-maintained triplex, offering a steady monthly income! Property Highlights: **Fully Occupied**: Benefit from great tenants in place, ensuring immediate cash flow. **Prime Location**: Nestled on a quiet street just minutes from downtown Orillia, you'll have easy access to the waterfront, beautiful parks, and scenic trails. **Growing Community**: Orillia is booming! Home to the OPP headquarters, Lakehead University, Hydro One Tech Hub, and Costco, this vibrant city is on the rise, making it a smart choice for your investment portfolio. Contact us today for more details and to schedule a viewing. Invest in your future with this incredible property!** (id:44523)

Orillia, Ontario

Charming Legal Triplex Located Within The Heart Of The City Of Orillia! Situated Within A Desirable Northward Location On A Large Corner Lot Within Walking Distance To Orillia's Beautiful Waterfront, Beaches & Parks! This Building Has Been Meticulously Maintained, Updated & Ready For Your Investment Portfolio. Very Well Maintained Units & Property Featuring; Separate Hydro Meters, Completely Fire Coded & Is Inspected Yearly By A Third Party Hired By The Landlord (Target), Forced Air Gas Furnace, Coined Washing Machine And A Central Vac Throughout. Beautiful Wrap Around Porch, Main Floor Apartment 1 Has A Private Covered Porch, Parking For 5 Vehicles & 2 Storage Sheds. Separate Exterior Entrance To The Basement With Ample Storage Space, Utility Area With Ceiling Sprinklers & Laundry. 2 - 1 Bedroom Units & 1 - 2 Bedroom Unit. Each Unit Has Bright White Kitchens & 4pc Bathrooms, Tiled Entrees & Kitchens With A Hardwood Floor Living Space And Carpeted Bedrooms. Apartment #1 - 1 Bedroom, Entire Main Floor, Apprx. 738 Sqft. Apartment #2 - 2 Bedroom, 2 Level (bedrooms on upper floor), Apprx. 720 Sqft. Apartment #3 - 1 Bedroom, 2 Level (bedroom on upper floor), Apprx. 570 Sqft. (id:44523)

Innisfil (Lefroy), Ontario

Enter an exceptional investment opportunity located in the heart of Innisfil, one of Ontario's fastest-growing communities. This property offers a rare chance to establish a foothold in a burgeoning real estate market. Recently built, it features 7 residential units and 1 commercial unit, currently generating substantial rental income, making it a robust investment. Additionally, with preliminary municipal approval for an additional 12 units, the potential expands to a total of 20 units, poised for lucrative rental returns or development. Strategically positioned amidst Innisfil's expanding landscape, this property serves as a gateway for investors looking to capitalize on the town's thriving economy and growing population. Its prime location, just minutes from Barrie and less than an hour from Toronto, appeals to commuters and families alike, driving demand for high-quality housing options. The opportunity to add 12 more units opens doors to diverse possibilities, whether expanding the existing rental portfolio or pursuing new development ventures. Residents enjoy easy access to recreational activities such as boating, fishing, hiking, and golf, blending urban convenience with natural beauty. Backed by the municipality's proactive support for further development and infrastructure improvements including transportation upgrades and expanded commercial facilities investing in Innisfil promises not only immediate returns but also long-term appreciation and prosperity. Whether you're a seasoned investor seeking portfolio diversification or an astute entrepreneur with an eye for opportunity, this property offers an ideal platform to realize your vision and maximize returns in Innisfil's dynamic real estate market. Buyer encouraged to pursue CMHC lending opportunity through MLI Select product. *Complete iGuide interior virtual tour and building plans available by request.* (id:44523)