Property Details

65 COLBORNE Street E, Orillia, Ontario, L3V1S2

65 COLBORNE Street E, Orillia, Ontario, L3V1S2 (ID 40279262)
Representative
Bill Robertson portrait
Bill Robertson
Sales Representative
CENTURY 21 B.J Roth Realty Ltd, Brokerage - Orillia
Cell: 705-330-4625
Tel: 705-325-1366

$2,690,000 - For sale

ID#:40279262

INVESTMENT OPPORTUNITY IN DOWNTOWN ORILLIA! THIS PROPERTY CONSISTS OF 32 RENTAL UNITS. (27 MOTEL UNITS, 2-1 BR UNITS + 3-2 BR UNITS) NB-OWNER LIVES IN A 2 BR UNIT AND NO RENT IS CALCULATED ON INCOME STATEMENT. OVER 10,000 SQ. FT, NEW GAS BOILER IN 2022 FOR MAIN BUILDING. ROOMS ARE FURNISHED. FULL OCCUPANCY. EXCELLENT CAP RATE- NET INCOME IS 216,000. INC/EXP BASED ON YEAR 2021. (id:2471)

Location DescriptionWest St to Colborne St. E to #65.

Property Details
  • Property Address:65 COLBORNE Street E, Orillia, Ontario, L3V1S2
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:1/2 - 1.99 acres
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Access:Road access
  • Parking Space Total:15
Structure Details for 65 COLBORNE Street E, Orillia, Ontario, L3V1S2
  • Floor Space:10829
  • Heating Type:Electric, Baseboard heaters, Hot water radiator heat
  • Storeys:1
  • Basement Type:Partial (Partially finished)
  • Foundation Type:Block
  • Cooling Type:None
  • Rental Equipment:None
  • Exterior Type:Stucco
Amenities for 65 COLBORNE Street E, Orillia, Ontario, L3V1S2 High Traffic Area
  • Amenities Nearby:Public Transit, Shopping
Representative
Bill Robertson portrait
Bill Robertson
Sales Representative
CENTURY 21 B.J Roth Realty Ltd, Brokerage - Orillia
Cell: 705-330-4625
Tel: 705-325-1366
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Listing Office: CENTURY 21 B.J. ROTH REALTY LTD., BROKERAGE, ORILLIA

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65 COLBORNE Street E, Orillia, Ontario, L3V1S2

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