486 Gill Street, Orillia, Ontario L3V 4L1 (40571553)

  • $779,900
486 GILL Street, orillia, Ontario, L3V4L1, Canada
For Sale

486 Gill Street, Orillia, Ontario L3V 4L1 (40571553)

486 GILL Street, orillia, Ontario, L3V4L1, Canada
  • $779,900

Overview

Property ID: 40571553
  • Multi-family
  • Property Type
  • 5
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Garage
  • 1050 sqft
  • sq ft

Description

Are you in search of a fully equipped rental opportunity? Look no further than this legal duplex, ideally situated just a 5-minute walk from Lake Simcoe on Gill Street in the sought-after South Ward. Boasting 5 bedrooms and 2 bathrooms, this property offers versatility and potential. The main floor features 3 bedrooms along with a fully updated bathroom, kitchen, floors, paint, and a charming sunroom adding an extra 149 sq ft of living space. Additionally, there’s a detached garage/workshop measuring 16 x 24 with hydro, currently serving as a games room complete with a pool table, dart board, and bar. Notable upgrades include new windows, garage door, metal roof, insulation, and rubber floor in the garage. The lower unit comprises 2 bedrooms and a fully upgraded bathroom, providing ample living space. The standout feature of this property is its expansive yard measuring 50×167, offering tremendous potential for future development. With the zoning and lot size permitting an additional dwelling unit, you have the option to construct another house at the rear or convert the garage into another rental unit to maximize your return on investment. Recent upgrades include a new roof in 2018, new eaves trough, fascia, and soffit in 2020, a 200amp electrical panel in 2020, a new hot water tank in 2020, and retaining walls both front and back. Don’t miss out on this exceptional opportunity – schedule a showing today to explore the possibilities! (id:56117)

  • Address 486 GILL Street
  • City Orillia
  • State/county Ontario
  • Zip/Postal Code L3V4L1
  • Country Canada

Details

Updated on July 23, 2024 at 4:50 pm
  • Property ID: HZ40571553
  • Price: $779,900
  • Property Size: 1050 sqft sq ft
  • Bedrooms: 5
  • Rooms: 5
  • Bathrooms: 2
  • Garage: 1
  • Property Type: Multi-family
  • Property Status: For Sale

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Alex Elieff
Dan Wojcik

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