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671 DRIFTWOOD Road
Orillia Ontario , L3V1E1 , Canada
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$649,000.00
MLS® 40605073
Investment
Lot Frontage: 50.0 Feet
Lot Depth: 68.0 Feet
No. of Parking Spaces: 5
Built in: 1940
Total Bedrooms: 5
Total Bathrooms: 3
Zoning: R2i
Remarks:
Top 5 Reasons You’ll Love This Property: 1) Prime Location and Lakeside Proximity: Just 90 minutes north of the GTA, enjoy serene Lake Simcoe views and easy access to boat docks. Minutes from downtown Orillia and Casino Rama, surrounded by high-end developments promising substantial future growth. 2) Two Homes, Low Maintenance: Featuring two detached houses with minimal upkeep. The main house has 3 bedrooms and 2 bathrooms, while the secondary house offers 2 bedrooms and 1 bathroom, both designed for low maintenance. 3) Cash Flow Positive Property: Generate over $3800 per month in rental income from both units, ensuring a steady income stream and a financially sound investment. 4) Broad Appeal: Perfect for investors and first-time homebuyers alike. Live in one unit while renting out the other, or rent both for maximum income flexibility. 5) Immediate Flexibility: The secondary suite is vacant upon possession, allowing you to live in one home or set your own rental rates right away. Don’t miss this chance to invest in the thriving Sunshine City, Orillia. Call today to book a showing. Age 84. (id:7526)

Property Features:
  • Access Type: Road access , Highway access
  • Amenities Nearby: Marina , Park , Public Transit , Shopping
  • Features: Crushed stone driveway
  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Sewer: Municipal sewage system
Building Features:
  • Basement Type: None
  • Building Type: Duplex
  • Cooling Type: None
  • Exterior Finish: Vinyl siding
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters , Forced air

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

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