New Listing
$599,900
 $3,220 est/mo Sourced by Back At You

48 Peter Street S , Orillia, ON L3V 5B1

Orillia, ON L3V 5B1

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Description

Welcome to 48 Peter St in the heart of Orillia. Steps to downtown and to the water front where you will find cafes, restauarants, walking paths, beaches, boat launches and more. This mixed use property has huge potential for your investment needs. With commercial space finished at the front and a fully finished and operating apartment at the back, your income stream can start right away. The second floor apartment space is ready for you to finish the way you like with city approved drawings. Thousands have been poured into this property and is ready for you. This building has been completely renovated and supported. This older home has been crafted into a legal two bedroom apartment on the main floor with a front entrance commercial space that includes a basement level. Located on the second floor is the potential for an additional second residential unit, just waiting to be finished off. Potential for multiple rental incomes, this is a must for investors or those looking to get into the rental income market. Additional info:Electrical brand new with inspected panels and meters, 200 amp commercial space plumbing, drains all new high rise style with aqupex,replaced engineer stamped and certified re framing. Third floor plans complete with city approval, panel in place on third floor, just need permit submissions. Second floor rough in plumbing with washroom rough in as well and electrical done. Brand new city transit terminal being built behind property. Fully inspected fire alarm panel. Building fire department and city certified

Details

MLS#40621563
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site6
Listing Provided ByRE/MAX Hallmark Chay Realty Brokerage | Cassidy Davis

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet2,723
BasementY
ZoningC1
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Learn More About This Property

ProvinceON
RegionSimcoe County
CityOrillia
Postal CodeL3V 5B1
AreaOrillia
SubareaSouth Ward
Community NameSouth Ward
Listing VS Median (in South Ward)
Price:
$599,900
low | high
Med:
$619,900
46.666111018503% of Average
SqFt:
2,723
low | high
Med:
849
100% of Average
$ / SqFt:
$220
low | high
Med:
$730
100% of Average
On Site:
6
low | high
Med:
68.000000
8.823529411765% of Average
Sourced by Back At You
Listing Updated: July 23, 2024 at 12:11:22 PM PDT