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$ 899,900
Est. payment /mo
Active
19 South ST Simcoe, ON L3V 3T1
3 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Orillia
MLS Listing ID S12438417
Style 2-Storey
Bedrooms 3
Annual Tax Amount $4,762
Tax Year 2025
Property Sub-Type Triplex
Property Description
Solid investment opportunity in a sought-after Orillia neighborhood! This well-maintained, legal triplex provides immediate income and strong future potential with approval for a fourth unit and construction already started. The upper level features two bright and spacious one-bedroom units, with laundry capability, both freshly painted with updated flooring and modern bathrooms completely move-in ready and offering flexibility to establish your rental strategy or occupy personally. The main floor includes a third one-bedroom unit, currently rented to a reliable long-term tenant at market rent, along with a large storage space that is already roughed-in and offers potential for conversion to a fourth unit (plans are attached). A full utility room enhances functionality. The property also includes a useful outbuilding, providing extra storage or potential future use. With three separate hydro meters, private entrances, dedicated parking for each unit, updated vinyl windows, and a prime location close to shopping, transit, hospital, and parks, this property is a versatile addition to any portfolio. Whether you're a seasoned investor or entering the market for the first time, this triplex is a strong and adaptable income-producing asset in a high-demand rental area.
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Rooms
Family Room No
Basement None
Kitchen 3
Interior
Interior Features Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Front Yard Parking
Pool None
Roof Type Asphalt Shingle
Lot Frontage 75.0
Lot Depth 107.0
Total Parking Spaces 7
Building
Building Age 51-99
Unit Features Golf,Park,Place Of Worship,School,Hospital,Public Transit
Foundation Concrete
Others
ParcelsYN No
Listed by CENTURY 21 B.J. ROTH REALTY LTD.