$ 1.199.999

371 East St, Orillia

20 Photos

Bedrooms: 10
Bathrooms: 4
MLS®: s8241026

Type: Fourplex
Added: 8 days ago

Property Details

This Property Is A Legal Fourplex That Generates A High Income Of Approximately $82800 Annually For The Owner. The Annual Expenses Are Roughly: Hydro 580/month Gas 360/month Water 320/month Insurance 500/month Tax 4800/year Maintenance 2000/year. Monthly rental income: Unit 1 $1550, unit 2 $1650, unit 3 $1850, unit 4 $2000. The Location Of The Property Is Great And There Is A High Demand For Rentals In The Area. The Property Is Easy To Finance And Has A Walk Score Of 35 And A Bike Score Of 64. There Are A Total Of 10 Bedrooms In The Property And It Is Close To The Water And Downtown Area. Motivated Seller.

Best Mortgage Rates

Property Information

Heating: Forced air, Natural gas
Stories: 2
Basement: Apartment in basement, N/A
Photos Count: 20
Parking Total: 5
Bedrooms Total: 10
Structure Type: Fourplex
Tax Annual Amount: 6659.02
Exterior Features: Aluminum siding, Vinyl siding
Lot Size Dimensions: 44 x 115 FT
Extras: Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses. (id:1945)

Features

Other: Also Features A Newly Paved Driveway & Parking Lot & A Steel Roof. The Area Is Influenced By Georgian College, Lakehead University, Orillia Provincial Police Academy, Marina & Casino Rama. Lawn & Snow Maintenance Not Included In Expenses., 4 Kitchens, Faces East
Heating: Forced Air, Gas
Sewer/Water Systems: Water Source: Municipal, Sewage Disposal: Sewers

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Nearby Places

Name	Type	Address	Distance
Knights Inn Orillia	Lodging	450 West Street S	1.0 km
Orillia	It is part of the Huronia region of Central Ontari...		1.4 km
Aji Sushi	Restaurant	2 Front St N	1.6 km
Tim Hortons	Cafe	25 Colborne St E	1.7 km
Brewery Bay Food Co	Bar	117 Mississaga St E	1.7 km
Mariposa Market Store	Bakery	109 Mississaga St E	1.7 km
Sixteen Front, Casual Fine Dining & Lounge	Restaurant	16 Front St N	1.7 km
Tre Sorelle	Restaurant	133 Mississaga St E	1.7 km
Metro (Metro)	Grocery or supermarket	70 Front St N	1.7 km
Cosmo's Ristorante	Restaurant	90 Mississaga St E	1.7 km
Tudhope Building	The building is named for James Brockett Tudhope, ...		1.7 km
The Portage Italian Bistrpo	Restaurant	440 Couchiching Point Rd	1.8 km

Similar undefineds Stat in Orillia

We have found 1 undefined that closely match the specifications of the property located at 371 East St with distances ranging from 2 to 1 kilometers away. The prices for these similar properties vary between 1,299,999 and 1,299,999, providing a good range for comparison. Moreover, we have also discovered that there are a few open undefined in the L3V4C6 postal code area of Orillia Ontario Canada.

371 East St mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 371 East St. The current price of the property is $1,199,999, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $959,999. This would result in a monthly mortgage payment of $5,611 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	10
College	60
University degree at bachelor level or above	15

Neighbourhood Marital Status Stat

Married	100
Widowed	10
Divorced	35
Separated	15
Never married	130
Living common law	45
Married or living common law	150
Not married and not living common law	190

Neighbourhood Construction Date

1961 to 1980	85
1981 to 1990	40
1960 or before	45

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