$470,000
$489,888
4.1%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
SOLD DATE : 11/16/2024
Key Details
Sold Price $470,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID S10409370
Sold Date 11/16/24
Style 2-Storey
Bedrooms 3
Annual Tax Amount $3,444
Tax Year 2024
Property Description
Struggling To Find An Investment Property That Not Only Generates Solid Rental Income But Also Offers A Way To Secure A Stable Financial Future? Balancing The Costs Of Homeownership With Potential Returns Can Feel Like An Overwhelming Challenge In Todays Market. This Is Where The Orillia North Ward Duplex Shines! With A *$3,200/Month Rental Potential* This Brick Duplex Is A Rare Opportunity For Investors And Homebuyers Alike. Enjoying Both Cash Flow And Personal Comfort! Are You Searching For A Property That Offers Income Potential And A Way To Ease Your Mortgage Burden? This Orillia North Ward Duplex Is The Perfect Answer! Live In The Main Unit, Rent Out The Second, And Enjoy A *$566.92 Monthly Surplus* After Expenses. With Low Overhead, Its An Unbeatable Opportunity For Your Financial Future. The Duplex Features A *2-Bedroom Upstairs Unit* And A *1-Bedroom Main Floor Unit With A Walkout Deck And Backyard. Based On A Selling Price Of **$500,000, With A Down Payment Of **$100,000, And A Mortgage At The Current Rate Of **4.74%, Your Monthly Mortgage Payment Could Be **$2,073.08. After Expenses Like Gas, Water, Electricity, And Taxes, You'll Have A **$566.92 Monthly Surplus*A Fantastic Cushion For Any Property-Related Costs Or Savings! Don't Miss Out On This Smart Investment! Whether You're A Savvy Investor Or A Homeowner Looking To Balance Your Mortgage With Rental Income, This Is Your Chance To Capitalize On Orillia's Thriving Market. Act Now Before This Opportunity Slips Away!
Location
Province ON
County Simcoe
Zoning R4
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 2
Interior
Interior Features Other
Cooling None
Exterior
Garage Private
Garage Spaces 1.0
Pool None
Roof Type Metal
Total Parking Spaces 1
Building
Foundation Stone
Others
Security Features Carbon Monoxide Detectors,Smoke Detector
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