ON > Orillia > Orillia
Orillia, ON L3V 2J5,82 Fittons RD E
Orillia, ON L3V 2J5,82 Fittons RD E
Orillia, ON L3V 2J5,82 Fittons RD E
Orillia, ON L3V 2J5,82 Fittons RD E
Orillia, ON L3V 2J5,82 Fittons RD E
Orillia, ON L3V 2J5,82 Fittons RD E
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Fawad Nissari

Fawad Nissari

+1(416) 878-1085
$ 2,299,000
Est. payment | /mo

15 Beds

8 Baths

Save
$ 2,299,000
Est. payment | /mo
Save

15 Beds

8 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Orillia

MLS Listing ID S12323957

Style 2 1/2 Storey

Bedrooms 15

Annual Tax Amount $15,100

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Turn-key investment property! Excellently maintained, purpose built, legal 8 unit apartment building. Located in northern Orillia in a quiet, well established neighborhood close to all amenities. Built in 2016 this 8-plex has 7, 2 bedroom units and 1, 1 bedroom units. Strong rents which are mostly close to market value this property is approximately a 5.31% return on cash investment. Very little maintenance required, generally fairly hands off property. All tenants pay their own utilities. Units have been well kept and maintained since construction with miscellaneous updates to the building since it was constructed. 9 parking spots and 1 handicapped parking spot. Do not go direct or bother tenants. Financials available upon inquiry. Buyer or their agent to verify that financials provided are true and accurate.

Location

Province ON

County Simcoe

Community Orillia

Area Simcoe

Zoning R5i(H1)

Rooms

Family Room Yes

Basement None

Kitchen 8

Interior

Interior Features Water Heater

Cooling Central Air

Inclusions 8 x fridge, 8 x stoves, 8 x dish washers

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 110.0

Lot Depth 94.33

Total Parking Spaces 10

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

Listed by ED LOWE LIMITED
Fawad Nissari

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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