73 COLDWATER Street E, Orillia, Ontario

$725,000

4 Beds
2 Baths
1,886 Square Feet

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 the 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 neighbourhood is renowned for its 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! (id:56241)

Listing ID: 40601439
Property Type: Multi-family
Year Built: 1919

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Details

Amenities Nearby: Hospital, Park, Public Transit
Features: Paved driveway
Ownership: Freehold
Parking Spaces: 3
Structure: Porch
Transaction: For sale
Zoning Description: DS1

Building

Appliances: Microwave
BasementType: Full (Unfinished)
Basement Development: Unfinished
Constructed Date: 1919
Cooling: None
Exterior Finish: Brick
Fireplace Present: False
Foundation: Stone
Bathrooms (Total): 2
Heating Fuel: Natural gas
Size Interior: 1886.2 sqft
Stories Total: 2
Type: Duplex
Utility Water: Municipal water

Land

Access Type: Road access
Amenities: Hospital, Park, Public Transit
Sewer: Municipal sewage system
Size Frontage: 40 ft

Listing provided by Re/Max Professionals North, Brokerage, Gravenhurst
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 73 COLDWATER Street E in Orillia Ontario, was last modified on June 7th, 2024. Contact Jessica Ryerse to schedule a viewing or to find other properties for sale in Orillia.

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