Innisfil, Ontario

Step into an unparalleled investment opportunity nestled in the heart of Innisfil, one of Ontario's fastest-growing towns. This property represents a rare chance to establish a presence in a burgeoning real estate market. With 7 existing residential units and 1 commercial unit constructed just 3 years ago, currently yielding impressive rental income, it's a solid foundation. Moreover, city approval for an additional 12 units amplifies the potential, totaling 19 units primed for lucrative rental income or development.Positioned strategically amidst Innisfil's expanding landscape, this property serves as a gateway for investors to leverage the town's thriving economy and growing population. Its strategic location, minutes from Barrie and less than an hour from Toronto, attracts commuters and families, fueling demand for quality housing options.The prospect of 12 more units opens avenues for diverse opportunities, whether expanding the current rental portfolio or pursuing development ventures. Moreover, proximity to a plethora of amenities - from scenic parks and lakeshores to bustling shopping districts and esteemed schools - enriches the appeal. Residents relish easy access to recreational pursuits like boating, fishing, hiking, and golfing, embodying a lifestyle that seamlessly melds urban convenience with natural splendor.With the city's enthusiastic backing for further development and infrastructure enhancements, including transportation upgrades and commercial expansion, investing in Innisfil guarantees not only immediate returns but also long-term appreciation and prosperity.Whether you're a seasoned investor seeking portfolio diversification or a savvy entrepreneur with a knack for seizing opportunities, this property provides the ideal canvas to materialize your vision and optimize returns in Innisfil's dynamic real estate arena. **** EXTRAS **** Rental income statement available (id:44523)

Orillia, Ontario

Discover a promising investment opportunity in Orillia's sought-after North Ward. Currently used as a two unit dwelling with 3 bedroom apartment upstairs and a 2 bedroom apartment in finished lower level. The main unit was renovated in 2020 with flooring and appliances. The property offers a large fenced backyard and ample parking, enhancing its appeal. Its prime location is a short walk from essential amenities, including grocery stores, public transit, trails, and schools, ensuring a high desirability among tenants. (id:44523)

Orillia, Ontario

Incredible Investment Opportunity. Approximately $141,000 Gross Income. 7 condo quality units situated in the North Ward of orillia. 5 - 2 bedrooms, 1 - 1 bedroom and 1 bachelor unit, and 10 parking spots. Everything in this building has been renovated (new plumbing, electrical, HVAC and new windows). All units have been completely renovated with European kitchens, floors, paint etc. ask Listing agent for sales packages (id:44523)

Elmvale, Ontario

A variety of possibilities present themselves with this unique property. This is a fully tenanted, side by side legal duplex nestled in the heart of Elmvale with all downtown shops just a short walk. The duplex consists of a 1 bedroom apartment (unit B) with a 3 pc bath and in suite laundry plus generous fenced back yard. The other unit (unit A) is a 3 bedroom with a 4 pc bath, in suite laundry, also with a great back yard. The property is zoned R-2. The lot is 60 ft x 167 ft. Elmvale is a cozy community surrounded by popular destinations including Wasaga Beach, Collingwood, Barrie, & Midland all within 30 minute drive. City life in Toronto is 90 minutes away. This is an opportunity for a person with vision to bring this home to it's former glory while enjoying an income to assist with the mortgage. (id:44523)

Orillia, Ontario

Are you in search of a fully equipped rental opportunity? Look no further than this legal duplex, ideally situated just a 5-minute walk from Lake Simcoe on Gill Street in the sought-after South Ward. Boasting 5 bedrooms and 2 bathrooms, this property offers versatility and potential. The main floor features 3 bedrooms along with a fully updated bathroom, kitchen, floors, paint, and a charming sunroom adding an extra 149 sq ft of living space. Additionally, there's a detached garage/workshop measuring 16 x 24 with hydro, currently serving as a games room complete with a pool table, dart board, and bar. Notable upgrades include new windows, garage door, metal roof, insulation, and rubber floor in the garage. The lower unit comprises 2 bedrooms and a fully upgraded bathroom, providing ample living space. The standout feature of this property is its expansive yard measuring 50x167, offering tremendous potential for future development. With the zoning and lot size permitting an additional dwelling unit, you have the option to construct another house at the rear or convert the garage into another rental unit to maximize your return on investment. Recent upgrades include a new roof in 2018, new eaves trough, fascia, and soffit in 2020, a 200amp electrical panel in 2020, a new hot water tank in 2020, and retaining walls both front and back. Don't miss out on this exceptional opportunity – schedule a showing today to explore the possibilities! (id:44523)

Barrie, Ontario

Large purpose built well maintained 12 bedroom 6-plex nestled in the quiet neighbourhood of Barrie, total available 6449sqft. Approx annual gross income of $114,640.00 makes this an attractive opportunity for any investor. 3 of 6 units updated. Each unit has 2 bedrooms with a designated balcony area off the living area on top 4 units. Shared common coin commercial laundry room on the main floor (2021). Expanded parking (2020) spaces for 9 vehicles. Close to parks, schools, public transportation, bus and school routes yet within close proximity to downtown, pubs and waterfront for urban charm, scenic beauty. Good tenants all paid up to date. 3 units under market value. Financials available on request. Easy access to all amenities and Hwy 400. Windows approx 2009. Roof & Stucco approx 2015. Boiler 2021. Water softener 2021. All units Separately hydro metered. Landlord includes Gas radiant heat & water. 2x staircase in common area. All inspections up to date. (id:44523)

Orillia, Ontario

Top 5 Reasons You Will Love This Property: 1) Rare opportunity to own a renovated and turn-key, multi-unit commercial building in the heart of Orillias blossoming downtown 2) Enjoy a cap rate over 6% with five fully tenanted units, including two commercial spaces on the main level, one being a laundromat and the other being a clothing store 3) Three modernized and updated, two-bedroom residential units with an additional long-term revenue upside 4) Recent updates include a TPO roof, copper and pex plumbing throughout, and $581/month increased NOI 5) Directly across the street from the Orillia Public Library and Opera House in one of Orillia's most coveted downtown neighbourhoods. 5,816 fin.sq.ft. Age 104. Visit our website for more detailed information. (id:44523)

Orillia, Ontario

Well-maintained legal triplex with two good tenants in upper units. The large main floor unit is vacant and is clean and freshly painted ready for a new tenant of your choice. The main floor features 3 bedrooms and a large dining room that could also be a 4th bedroom. There's an eat-in kitchen and a comfortable living room. Two upper units each have 2 bedrooms and provide just over $2,000 monthly while the main floor has a market rent value of $2300. Roof re-shingled in 2020, a new owned hot water tank (2020), windows upgraded (2015), eavestrough replaced (2017). Walking distance to the hospital and a short drive to OPP Headquarters, Georgian College, Lakehead University and Downtown Orillia. City Transit stop near by. (id:44523)

Orillia, Ontario

Top 5 Reasons You Will Love This Property: 1) Discover this impeccably maintained legal fourplex ideally situated near Soldiers Memorial Hospital, offering effortless access to all that Orillia has to offer 2) With versatile C1 zoning, this property opens doors to a multitude of uses with one unit, previously a hairdresser's salon and now awaits residential or commercial occupancy 3) Recently upgraded, each unit radiates brightness and ease with efficient electric baseboard heating, minimizing the need for extensive furnace maintenance and upkeep 4) Enjoy peace of mind with a sturdy steel roof, providing long-lasting durability against the elements 5) Unwind with ample off-street parking at the rear of the property, presenting an additional opportunity to expand the building and enhance income potential. Age 104. Visit our website for more detailed information. (id:44523)

Orillia, Ontario

Solid brick Legal Duplex conveniently located close to downtown, park, schools. Separate hydro meters. 2 bedroom main foor apartment highceilings and unfnshed basement with laundry(2 bdr apartment only). Upper 1 bedroom apartment bright and high ceilings. Spacious living. New Furnace in 2022. (id:44523)

Orillia, Ontario

Here is your chance to get into the market. Legal 2.5 storey brick duplex in Orillia's West ward. Close to all amentias. Brand new windows on main floor. Main floor unit is vacant and Upper unit is tenanted. Great for those wanting help paying the mortgage. Potential to add another unit or garden suite. Lots of charm and character. Both units are two bedrooms. Main floor unit features 2 entrances (front and back). Upper unit features large open balcony off kitchen & large spacious rooms. Furnace, roof & electrical approximately 10 yrs. old. Fenced back yard with shrubs and mature trees. Quiet, long-term tenants, on month to month basis occupy the 2nd floor unit. 2 hydro meters and updated hydro panel. Newer shed. Basement used for landlord storage and the main floor unit has access to it for laundry. Two driveways and fenced back yard complete the picture. Expenses available from listing agent. Note Some pics are modified/staged to show potential . 24 hrs notice is required to see occupied unit. (id:44523)

Barrie, Ontario

Legal duplex walking distance to RVH, Georgian College and schools. Backing on to Lonsdale Park. Positive cash flow for investor with 4 bedrooms in each unit (rent by the room to students) or owner occupied main floor with income from rented basement. Main floor vacant but would rent for $2,250 per month inclusive. Basement rented month to month at $1,998.75 per month inclusive. 2023 utility costs with both units rented: Gas $1,542.75, Hydro $2111.67; Water and sewer $1,640.36. (id:44523)

Barrie, Ontario

Nestled in the the downtown core, this legal duplex presents a golden opportunity for savvy investors or those seeking a comfortable home with income potential. The well-maintained upper unit features 2 bedrooms, a 3 pc bathroom, kitchen with breakfast bar and living room. The lower unit features a kitchen, dining room, living room, 4 pc bathroom and 2 bedrooms in the basement, including in-unit laundry as well as access to two decks. Separate hydro meters for each unit and loads of parking. Within walking distance to shopping, restaurants, Queen's Park, Heritage Park and Centennial Beach, as well as easy access to HWY 400. Whether you're an astute investor or a homeowner looking to maximize your investment potential, this duplex offers the perfect combination of location, convenience and income generation. Vacant possession available. (id:44523)

Barrie, Ontario

You'll see the most commonly used phrases online say what a fantastic opportunity and in this case, we truly want to share that it is! We made the photos available and low maintenance, low expenses and truly is. Whether wanting this building for a home where the other units can help offset your mortgage, co-share with other friends or family to get into home ownership or investment, have the flexibility as the lower unit on ground level is vacant. Previously a duplex converted to a triplex and final approval given February 7, 2019 (on file). The main floor unit is tenant occupied and upper unit, short-term tenant. Each unit is separately self-contained with own entrances, hot water tank, hydro meters, heating and cooling + hydro, laundry and 2 car parking. Large lot and fantastic central location in Barrie close to all amenities, shopping, restaurants, bars, waterfront, highway 400 access and more. See financial section for more information but a lot of costs are off-set and minimal expenses. Possible VTB available as per seller. See photos and videos for more layout information and condition. Financials available in the financial section. Note that one unit is vacant and can set own market rent (id:44523)

Elmvale, Ontario

Welcome to this charming century home located in the heart of Elmvale! This quaint property offers a unique combination of character and modern convenience, making it an ideal investment opportunity or perfect for multigenerational living and first-time homebuyers. Situated on a partially fenced lot, this home offers over 3000 ft.² of living space, providing ample room for everyone. The vacant, duplex offers a completely, updated apartment complete with its own kitchen, bathroom, and separate entrance. Freshly painted and brand-new carpet. This additional living space offers endless possibilities, whether you're looking to generate rental income or accommodate extended family members. Showcasing 2 bedrooms, one on the main floor and one below. The main residence exudes old-world charm with its original architectural details, including hardwood floors, high ceilings, and intricate trim work. The spacious and inviting living areas are perfect for entertaining guests or simply relaxing with loved ones. Offering 4 bedrooms and 2 full baths, this home would cater to a growing family. With two driveways, parking will never be an issue, providing convenience for multiple vehicles or guests. The partially fenced yard offers privacy and a safe space for children or pets to play. Metal roof on the main residence and a shingled roof on the apartment, newer furnace (2021) in both units and some updated windows. Both units have separate hydro meters. Private and separate outdoor spaces as well. Located in the desirable community of Elmvale, this home is surrounded by amenities, including schools, parks, shopping, and entertainment options. Enjoy the tranquillity of small-town living while still being within easy reach of larger city centres. (id:44523)

Barrie, Ontario

Massive all-brick building with significant renovations throughout! (list of renovations available) This is an established 17 bedroom rooming house with RM2 zoning on the corner of Toronto St and Ross St across from beautiful Queens park and short walk downtown and to the lake. Unique opportunity to convert to multi-plex or simply choose your own tenants with 85% of the building being vacant due to the extensive renovations being completed. (id:44523)

Barrie, Ontario

20 bedroom rooming house with countless improvements. Located steps to the lake and surrounded by existing and new condos which may make this site appealing for future development considerations with appropriate land assembly. (id:44523)

Barrie, Ontario

20 bedroom rooming house with countless improvements. Located steps to the lake and surrounded by existing and new condos which may make this site appealing for future development considerations with appropriate land assembly. (id:44523)

Barrie, Ontario

Massive brick building with absolutely significant renovations throughout! (list available of . This is an established 17 bedroom rooming house with rm2 zoning on the corner of Toronto and Ross across from a beautiful park and short walk to the lake. Unique opportunity to convert to multi-plex or simply choose your own tenants since 85% of the building is currently vacant from the extensive renovations. (id:44523)

Barrie, 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. (id:44523)

Barrie, Ontario

ATTENTION INVESTORS! 5-PLEX IN IDEAL LOCATION WITH EXCELLENT INCOME POTENTIAL! Welcome to 81 Innisfil Street. Discover an exceptional investment opportunity in this 5-plex property strategically located near the Go Station & bus routes, ensuring tenant convenience. Walk to pubs, downtown & the waterfront for urban charm & scenic beauty. Easy access to Highway 400 enhances connectivity, opening doors to endless possibilities. Unit 1, the Main House, features a charming brick facade, 3 bedrooms & one bath over two floors, a gas furnace, A/C & private laundry facilities. A bonus unit offers an office/bachelor-style layout & a private bathroom, ripe for imaginative investors. Units A,B,C & D offer four identical 2-bedroom, 1-bathroom apartments with electric heat & tenants cover their own hydro costs. The basement hosts a communal coin laundry facility with separate meters & ample storage, with the potential for individual lockers. Abundant parking spaces enhance the building. (id:44523)

Barrie, Ontario

ATTENTION INVESTORS! 5-PLEX IN IDEAL LOCATION WITH EXCELLENT INCOME POTENTIAL! Welcome to 81 Innisfil Street. Discover an exceptional investment opportunity in this 5-plex property strategically located near the Go Station & bus routes, ensuring tenant convenience. Walk to pubs, downtown & the waterfront for urban charm & scenic beauty. Easy access to Highway 400 enhances connectivity, opening doors to endless possibilities. Unit 1, the Main House, features a charming brick facade, 3 bedrooms & one bath over two floors, a gas furnace, A/C & private laundry facilities. A bonus unit offers an office/bachelor-style layout & a private bathroom, ripe for imaginative investors. Units A,B,C & D offer four identical 2-bedroom, 1-bathroom apartments with electric heat & tenants cover their own hydro costs. The basement hosts a communal coin laundry facility with separate meters & ample storage, with the potential for individual lockers. Abundant parking spaces enhance the building. (id:44523)

Orillia, Ontario

Looking for a turn key investment? Only 19 years old, this is an exceptional purpose built 5-plex with very low maintenance costs, featuring 4 two bedrooms units and 1 bachelor unit, all with 1 kitchen and bathroom. Occupied with triple A tenants, this property yields very strong cash flow, resulting in an excellent cap rate. The units have all been beautifully renovated with commercial grade flooring, new kitchens and bathrooms. An easy building to maintain with a steel roof, vinyl siding, new breaker panels and separate hydro meters for all tenants. 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. **** EXTRAS **** This Property is Also Zoned for Commercial Use, providing Great Future Potential. Conveniently Located Minutes to Lake Couchiching, Parks, Trails, Restaurants and So Much More. (id:44523)

Barrie, Ontario

Welcome to 131 Benson Drive in Barrie! Steps to schools and hiking trails. Minutes to shopping, recreation, entertainment. Easy access to key commuter routes. Enjoy all the amenities that Barrie and Simcoe County have to offer. This duplex detached bungalow is comprised of two rental units - UNIT 1 is a comfortable 2 bedroom + 4pc bath. UNIT 2 is accessed via the side of the property and also has 2 bedrooms + 4pc bath. Both units are currently tenanted month-to-month. Convenience of laundry in each suite. Each unit is self-contained, with separate entrances and appliances included - fridge, stove, washer, dryer. Looking to start your real estate portfolio? Interested in adding to your existing real estate investments? Considering living in one unit and renting the other? Take a look today! **** EXTRAS **** UNIT 1 has access to the garage. Convenience of laundry in both units. Both units currently rented month-to-month. See Broker's Remarks for Lease Financials. (id:44523)