$950,000
$999,900
5.0%For more information regarding the value of a property, please contact us for a free consultation.
31 Frederick ST Simcoe, ON L3V 5W5
2 Beds
4 Baths
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 3000-3500
Municipality Orillia
MLS Listing ID S9384072
Sold Date 01/29/25
Style 2-Storey
Bedrooms 2
Annual Tax Amount $8,319
Tax Year 2024
Property Description
This property can be used as a triplex, with the potential to be a fourplex. Situated in a highly sought-after location, this property lends itself to a variety of different uses. Expanding your investment portfolio by creating a multi-tenant property allows you to maximize your rental income potential and diversify your real estate holdings. Upstairs, you'll find two, 1 bed, 1 bath apartments. These apartments have been meticulously designed to provide a modern living experience for tenants. With their vacant status, you could handpick new tenants, to maximize your rental income. The main floor offers 1500sq ft of living space, showcasing 7separate offices for commercial space. The opportunity is there for updates to create additional living spaces for additional tenants or yourself. The property's prime location is close to shopping, hospitals, restaurants, parks, & more. The area is known for its vibrant community & offers a variety of entertainment options for residents to enjoy.
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Zoning hc2
Region Orillia
City Region Orillia
Rooms
Family Room No
Basement Partially Finished
Kitchen 2
Interior
Interior Features Accessory Apartment, Separate Hydro Meter, Water Heater
Cooling Central Air
Exterior
Parking Features Private
Garage Spaces 10.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 60.0
Lot Depth 146.54
Total Parking Spaces 10
Building
Foundation Stone
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