<-- style PDP --> 320 Laclie Street, Orillia - Multi-6-9 Unit for sale for $1,550,000
  • sold

320 Laclie Street

Orillia, ON, L3V 4P1 - North Ward

$1,550,000$000000

  • Neighbourhood

    North Ward

  • Major Intersection

  • Listed Since: 539 day(s)

  • Last update: 248 day(s) ago

Overview

  • Property Type

    Multi-6-9 Unit, Residential Income

  • Bedrooms

    n/a

  • Bathrooms

    0

  • Basement

    None

  • Kitchen

    n/a

  • Total Parking

    13

  • Lot Size

    Available Upon Request

  • Taxes

    $16,250.00 (2024)

  • Type

    Freehold

Property Description

Property description for 320 Laclie Street, Orillia

Investment Opportunity - Fully tenanted 9 Plex in north ward of Orillia! Newly constructed 9-plex in 2016, converted from a motel, presenting a 6% cap rate. All 9 units have up to current market rents. All units have been upgraded to meet current market demands, ensuring maximum rental potential. With 8 one-bedroom units and 1 three-bedroom unit, this property caters to a diverse tenant base, allowing for steady occupancy and reliable income streams. There has been zero vacancy since 2016. The public coin laundry facility enhances the income potential of this investment, there's room and hook-ups to accommodate additional machines. Each tenant has a dedicated parking space. Additionally there are four visitor parking spaces. Each unit also has private yards. For detailed financial information don't hesitate to inquire within.

Listed by RE/MAX Right Move Brokerage

  • MLS #

    40672773

  • Sq. Ft

    4676

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    13

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Stucco, Wood Siding

  • Fireplace

    n/a

  • Roof

    Membrane

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Radiant Floor, Radiant

  • A/C

    None

  • Water

    Municipal-Metered

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40672773

  • Sq. Ft

    4676

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    13

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Stucco, Wood Siding

  • Fireplace

    n/a

  • Roof

    Membrane

  • Foundation

    Block

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Radiant Floor, Radiant

  • A/C

    None

  • Water

    Municipal-Metered

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 320 Laclie Street, Orillia

This property has been sold 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Sign In / Register

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month

Principal Amount

Interest

Total Payable

Amortization

Amortization

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Down Payment(%)*
Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

Recent Sold Listings in North Ward, Orillia

Popular Cities