$989,000
Available - For Sale
Listing ID: S14088928
240 Clayborne Place , Orillia, L3V 1M5, Simcoe
| An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available |
| Price | $989,000 |
| Taxes: | $5516.00 |
| Occupancy: | Tenant |
| Address: | 240 Clayborne Place , Orillia, L3V 1M5, Simcoe |
| Acreage: | < .50 |
| Directions/Cross Streets: | Atherley Rd To East St To Clay |
| Rooms: | 13 |
| Bedrooms: | 6 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Crawl Space |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Primary B | 11.15 | 8 | |
| Room 2 | Main | Primary B | 13.68 | 12.66 | |
| Room 3 | Main | Bedroom 2 | 11.09 | 9.25 | |
| Room 4 | Main | Kitchen | 13.32 | 9.41 | |
| Room 5 | Main | Kitchen | 10 | 9.58 | |
| Room 6 | Main | Living Ro | 11.32 | 9.51 | |
| Room 7 | Main | Living Ro | 13.25 | 9.58 | |
| Room 8 | Second | Primary B | 13.32 | 10.43 | |
| Room 9 | Second | Primary B | 11.51 | 9.68 | |
| Room 10 | Second | Bedroom 2 | 10.82 | 8.82 | |
| Room 11 | Second | Kitchen | 10.99 | 9.58 | |
| Room 12 | Second | Kitchen | 16.01 | 11.15 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Second |
| Washroom Type 2 | 4 | Second |
| Washroom Type 3 | 4 | Main |
| Washroom Type 4 | 4 | Main |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Second |
| Washroom Type 7 | 4 | Second |
| Washroom Type 8 | 4 | Main |
| Washroom Type 9 | 4 | Main |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 4 | Second |
| Washroom Type 12 | 4 | Second |
| Washroom Type 13 | 4 | Main |
| Washroom Type 14 | 4 | Main |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 4 | Second |
| Washroom Type 17 | 4 | Second |
| Washroom Type 18 | 4 | Main |
| Washroom Type 19 | 4 | Main |
| Washroom Type 20 | 0 |
| Total Area: | 0.00 |
| Property Type: | Fourplex |
| Style: | 2-Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 2500-3000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 B.J. ROTH REALTY LTD. |
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|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Fourplex |
| Area: | Simcoe |
| Municipality: | Orillia |
| Neighbourhood: | Orillia |
| Style: | 2-Storey |
| Tax: | $5,516 |
| Beds: | 6 |
| Baths: | 4 |
| Fireplace: | N |
| Pool: | None |
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