103 Albert Street S Orillia, Ontario L3V 5L1
$589,900
This legal 4 plex will impress you the moment you arrive. Extensive renovations in 2017 to create 4 efficient apt's. All done by permit and final occupancy granted from the City building dep't. Each unit has separate heat and hydro so tenants pay their own utilities except for water. Gas heat in 3 of the 4 units. Electric in the 4th unit. Paved driveway with 4 parking spots, metal roof and deep lot. Apt #1 - 1br - $1,100 + gas & hydro. Apt #2 - 1br - $895 + gas & hydro. Apt #3 - Bachelor - 925 + gas & hydro. Apt #4 - Bachelor - 917 + hydro. Gross annual rent - $47,244. Expenses - Insurance - 2508, Water - 2020, Taxes - 5382, Snow/Grass - 1600. Total Expenses = 11,510. A nice downtown investment opportunity!! (id:13139)
Property Details
| MLS® Number | S12350207 |
| Property Type | Multi-family |
| Community Name | Orillia |
| Features | Sloping |
| ParkingSpaceTotal | 4 |
| Structure | Patio(s) |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 2 |
| BedroomsTotal | 2 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Water Heater, Water Meter, Stove, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Stone, Block |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 165 Ft |
| SizeFrontage | 48 Ft |
| SizeIrregular | 48 X 165 Ft |
| SizeTotalText | 48 X 165 Ft |
https://www.realtor.ca/real-estate/28745366/103-albert-street-s-orillia-orillia
Interested?
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 18 2025 04:00:36
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Century 21 B.j. Roth Realty Ltd.