$899,000
Available - For Sale
Listing ID: S12938618
66 Nottawasaga Street , Orillia, L3V 3J4, Simcoe
| Why renovate an underperforming asset when you can step into a proven performer? This fully legal, solid-brick fourplex delivers 7.3% CAP, immediate cashflow, and long-term stability in the heart of Orillia one of Ontario's fastest-growing and most consistently sought-after real estate markets. With ZERO vacancy history and tenants who love the quality finishes, leasing is effortless. Over $100,000 has been invested in upgrades to ensure this is a truly turn-key asset: new concrete collar (2022), freshly paved asphalt parking (2023), main-floor AC units (2023), A new roof (2019), high-efficiency furnaces (2020), new decks (both front and back), upper-level siding (2022), new storage shed (2022), attic insulation (2020), roof & eaves heating lines to prevent icicles (2021).The property features four updated one-bedroom units with private entrances, five separate hydro meters, shared basement laundry, and a four-car parking lot. Tenants appreciate the thoughtful design and modern finishes, ensuring strong retention and consistent returns. Located within walking distance of downtown Orillia's restaurants, shops, library, Lakehead University, waterfront trails, and boardwalk, this location continues to drive enduring tenant demand. A rare chance to own a meticulously upgraded, fully compliant, and consistently occupied fourplex that delivers dependable income from day one. |
| Price | $899,000 |
| Taxes: | $4625.95 |
| Occupancy: | Tenant |
| Address: | 66 Nottawasaga Street , Orillia, L3V 3J4, Simcoe |
| Directions/Cross Streets: | Albert St N & Nottawasaga St |
| Rooms: | 12 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished, Full |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bedroom | 10.99 | 10.66 | Vinyl Floor, Window, Closet |
| Room 2 | Main | Living Ro | 11.91 | 10.66 | Vinyl Floor, Window, W/O To Porch |
| Room 3 | Main | Kitchen | 6.92 | 7.84 | Vinyl Floor, Stainless Steel Appl, Stone Counters |
| Room 4 | Main | Bedroom 2 | 8.92 | 10.82 | Vinyl Floor, Window, Closet |
| Room 5 | Main | Living Ro | 11.09 | 10.82 | Vinyl Floor, Window, Walk-Out |
| Room 6 | Main | Kitchen | 7.54 | 7.87 | Vinyl Floor, Stone Counters, Stainless Steel Appl |
| Room 7 | Second | Bedroom 3 | 11.41 | 12.4 | Vinyl Floor, Window, Closet |
| Room 8 | Second | Living Ro | 11.58 | 13.91 | Vinyl Floor, Window, Wainscoting |
| Room 9 | Second | Kitchen | 8 | 6.99 | Vinyl Floor, W/O To Deck, Stainless Steel Appl |
| Room 10 | Second | Bedroom 4 | 11.32 | 10 | Vinyl Floor, Window, Closet |
| Room 11 | Second | Living Ro | 11.32 | 11.32 | Vinyl Floor, Window, Combined w/Kitchen |
| Room 12 | Second | Kitchen | 6.17 | 7.9 | Vinyl Floor, Stainless Steel Appl, Open Concept |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Second |
| Washroom Type 2 | 3 | Main |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Arts Centre, Park |
| 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: | Forced Air |
| Central Air Conditioning: | Wall Unit(s |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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| Real Broker Ontario Ltd |
|
|
Lynn Tribbling
Sales Representative
Dir:
416-252-2221
Bus:
416-383-9525
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Style: | 2-Storey |
| Tax: | $4,625.95 |
| Beds: | 4 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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