Single Family Residence sold at 7 Dunn Avenue, Orillia, ON, L3V 2P1 - South Ward - MLS: 40468735

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7 Dunn Avenue

Orillia, ON, L3V 2P1 - South Ward

$730,000$000000

Neighbourhood

South Ward
Major Intersection

Listed Since: 990 day(s)
Last update: 919 day(s) ago

Overview

Property Type

Single Family Residence, Bungalow Raised
Bedrooms

3 + 3
Bathrooms

3
Basement

Full, Finished
Kitchen

n/a
Total Parking

6 (1 null Garage)
Lot Size

Available Upon Request
Taxes

$3,542.86 (2023)
Type

Freehold

Property Description

Property description for 7 Dunn Avenue, Orillia

Legal Duplex, fire-code compliant, fully interior remodel in 2019 with new kitchens, appliances, laundry, flooring, baseboards, paint, and more. Tenants pay utilities other than water and are willing to stay if permitted. Both apartments are rented at market rents. Great cash-flow investment, dual family, or new owner lives in one and helps pay mortgage with the other rented apartment. Priced at 6% cap rate. Financials and Rent Roll upon request. Two generous 3-bedroom apartments, one upper, and one lower. Both apartments equipped with laundry, independent heating, good quality sliding windows, and shared access to yard space as well as backyard shed for additional storage. Single car attached garage is currently used by the landlord, but could be rented for additional amount. Upper 3-bedroom apartment features 1320 square feet of open concept living space, master bedroom with ensuite bathroom. Two more bedrooms, another washroom, lots of closets, and a large entertainment room as well as dining room with skylight, and IKEA kitchen with three stainless steel appliances, plus laundry. Lower 3-bedroom apartment features 1025 square feet of living space, large master bedroom, two more bedrooms (one with laundry), large closets, open concept dining / living room, and IKEA kitchen, with two appliances. Room for 5 car parking in the paved driveway (2020). Roof shingled in 2017. Located on a quiet residential street with close proximity to shopping, schools, parks, restaurants, and easy access to HWY 12 and HWY 11.

Listed by Simcoe Hills Real Estate Inc. Brokerage

Property details

MLS #

40468735
Sq. Ft

2345
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

1987
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

6
Family Room

n/a
Den

n/a
Exterior

Aluminum Siding, Brick
Fireplace

n/a
Roof

Asphalt Shing
Foundation

Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Baseboard, Electric
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

40468735
Sq. Ft

2345
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

1987
Pool

n/a
Drive

n/a
Garage

n/a
Total Parking

6
Family Room

n/a
Den

n/a
Exterior

Aluminum Siding, Brick
Fireplace

n/a
Roof

Asphalt Shing
Foundation

Block
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Baseboard, Electric
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Kitchen

4.06 x 2.44 ft Main level
Bedroom

3.15 x 2.24 ft Main level
Living Room

5.69 x 4.83 ft Main level
Bedroom

3.81 x 2.74 ft Main level
Bathroom

2.34 x 1.55 ft Main level

3-Piece
Dining Room

4.47 x 4.06 ft Main level
Bedroom Primary

5.61 x 3.48 ft Main level
Bathroom

2.49 x 1.47 ft Lower level

4-Piece
Bedroom

4.52 x 3.30 ft Lower level
Bedroom

3.61 x 3.05 ft Lower level
Dining Room

3.28 x 2.79 ft Lower level
Kitchen

2.92 x 2.26 ft Lower level
Living Room

4.47 x 3.86 ft Lower level
Bedroom

3.71 x 3.35 ft Lower level

Contact Manoj Kukreja

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

Property History

Property history for 7 Dunn Avenue, Orillia

This property has been sold 2 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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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

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* 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.

Contact Manoj Kukreja

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

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