73 COLDWATER ST E Active

Orillia,ON L3V 1W6

$ 699900

4 Beds

2 Baths

1886 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,886 sqft

Price per Sqft $371

MLS Listing ID S10436439

Bedrooms 4

Annual Tax Amount $4,290

Tax Year 2023

Property Description

Unmatched investment opportunity with this stylish legal duplex situated just 300 meters from Orillia's revitalized waterfront and vibrant downtown! Welcomed by a large covered front porch, this property features two spacious and updated units, each with 2 bedrooms and 1 full bathroom. The main floor unit offers exclusive access to a covered back deck and an unfinished basement for ample storage. Enjoy he ease of a low-maintenance yard and additional parking in the rear. Heated by an efficient natural gas boiler, with recent upgrades including a new boiler installed in 2022 and a freshly painted exterior, along with some interior painting.
The DS1 zoning provides remarkable versatility for commercial uses, enhancing its investment potential. With public transportation available right out the front door, getting around is a breeze. Enjoy nearby amenities, including restaurants, grocery, pharmacy, trails, and the beach just a short walk or drive away. The neighborhood is renowned for it's vibrant community vibe, hosting lively local events, festivals, and markets both downtown and at the waterfront. The ongoing waterfront revitalization and luxury residential development further enhance the area's appeal and future value. Don't miss out on this spectacular opportunity to invest in a prime location with limitless potential!

Location

Province ON

County Simcoe

Community Orillia

Area Simcoe

Zoning DS1

Region Orillia

City Region Orillia

Rooms

Basement Walk-Up,Unfinished

Kitchen 0

Interior

Cooling None

Inclusions Old Boiler in Basement ( disconnected) Refrigerator(x2), Stove (x2), Washer (x2), Dryer(x2), Dishwasher, Microwave, Other, Hot Water Tank Owned

Laundry Ensuite

Exterior

Exterior Feature Deck,Porch,Year Round Living,Private Entrance

Parking Features Private,Other

Garage Spaces 3.0

Pool None

Community Features Public Transit,Park

Utilities Available Unknown

Roof Type Metal

Lot Frontage 39.7

Lot Depth 92.4

Exposure South

Total Parking Spaces 3

Building

Foundation Stone

New Construction false

Others

Senior Community No

Security Features Unknown

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