Property Details
66 NOTTAWASAGA STREET, Orillia, Ontario, L3V3J4
Why renovate an underperforming asset when you can step into a proven performer? This fully legal, solid-brick fourplex delivers 7.3% CAP, immediate cashflow, and long-term stability in the heart of Orillia one of Ontario's fastest-growing and most consistently sought-after real estate markets. With ZERO vacancy history and tenants who love the quality finishes, leasing is effortless. Over $100,000 has been invested in upgrades to ensure this is a truly turn-key asset: new concrete collar (2022), freshly paved asphalt parking (2023), main-floor AC units (2023), A new roof (2019), high-efficiency furnaces (2020), new decks (both front and back), upper-level siding (2022), new storage shed (2022), attic insulation (2020), roof & eaves heating lines to prevent icicles (2021).The property features four updated one-bedroom units with private entrances, five separate hydro meters, shared basement laundry, and a four-car parking lot. Tenants appreciate the thoughtful design and modern finishes, ensuring strong retention and consistent returns. Located within walking distance of downtown Orillia's restaurants, shops, library, Lakehead University, waterfront trails, and boardwalk, this location continues to drive enduring tenant demand. A rare chance to own a meticulously upgraded, fully compliant, and consistently occupied fourplex that delivers dependable income from day one. (id:2471)
Forest Hill Real Estate Inc. Brokerage - Port Carling
- 705-788-6283
- 705-765-1200
- Johnjarvismuskoka@yahoo.com
- Property Address: 66 NOTTAWASAGA STREET, Orillia, Ontario, L3V3J4
- Community Name: Orillia
- Property Type: Multi-family
- Zoning Description: Fourplex
- Lot Size: 35 x 130 FT
- Acreage: 35 x 130 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 4
- Amenities Nearby: Park, Place of Worship, Public Transit
- Structure Style: Fourplex
- Storeys: 2
- Floor Space: 1500 - 2000 sqft
- Bedrooms: 4
- Bathrooms: 4-Total
- Basement Type: Full (Unfinished)
- Heating Type: Natural gas, Forced air
- Cooling: Wall unit
- Exterior Type: Brick
- Flooring: Vinyl
- Foundation Type: Concrete
- Appliances Included: Water Heater, Dryer, Stove, Washer, Refrigerator
- Structures: Deck, Patio(s), Porch
- Landscaped
| Type | Level | Dimensions |
|---|---|---|
| Living room | Second level | 3.45 m x 3.45 m |
| Kitchen | Second level | 1.88 m x 2.41 m |
| Bedroom 3 | Second level | 3.48 m x 3.78 m |
| Living room | Second level | 3.53 m x 4.24 m |
| Kitchen | Second level | 2.44 m x 2.13 m |
| Bedroom 4 | Second level | 3.45 m x 3.05 m |
| Bedroom | Main level | 3.35 m x 3.25 m |
| Living room | Main level | 3.63 m x 3.25 m |
| Kitchen | Main level | 2.11 m x 2.39 m |
| Bedroom 2 | Main level | 2.72 m x 3.3 m |
| Living room | Main level | 3.38 m x 3.3 m |
| Kitchen | Main level | 2.3 m x 2.4 m |
Listing Office: Real Broker Ontario Ltd.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. REALTOR®, MLS® and the associated logos are trademarks of the Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association and is licensed to trade residential and/or commercialreal estate. Any out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province. All information displayed on this website is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
This website is operated by a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
We may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.