380 Bayview Pkwy (Atherly Rd & Hwy 12)
Status: For Sale
- Tax: $6,712.15/Annual (2022)
- Sewer/Water SystemsMunicipal
Listing Contracted With: IPRO REALTY LTD.
Looking for a Turn Key Investments? Only 19 years Old, This is an Exceptional Purpose Built 5-Plex with very Low Maintenance Ocsts, Featuring 4 -2 Bedrooms Units and 1 Bachelor Unit, all with 1 Kitchen and Bathroom. Occupied with Triple AAA Tenants. This Property yields very strong cash flow, resulting in an excellent cap rate. The Units have all been beautifully renovated with commercail 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 and 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.
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.
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