296 BARRIE ROAD, Orillia

$645,000

For sale: Multiplex

Property type

Multi-family

Bedrooms / bathrooms

5 bedrooms, 2 bathrooms

Living area

2,500 sqft

MLS number

MLS® S13104616

Neighbourhood

Orillia

This significantly updated and well-maintained house has exceptional curb appeal and a beautiful yard. The house is a legal, fire-coded duplex offering an excellent investment opportunity and the option to live in one unit and subsidize the costs with rental of the second unit. (The rental of the two units has consistently generated over $3500/month with quality tenants.) The house is located in a residential area close to schools, shopping, transit, and highways. Each unit has its own entrance, driveway, postal address and in-suite laundry. The south facing unit which is currently vacant has 3 bedrooms, 1 bathroom, large balcony, bright living space and parking for up to 4 cars. The east unit has 2 bedrooms, 1 bathroom, functional living space and parking for one car. It is currently rented. Don't miss this unique opportunity.