Simcoe, ON L3V 5W5,31 Frederick ST
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Simcoe, ON L3V 5W5,31 Frederick ST
Simcoe, ON L3V 5W5,31 Frederick ST
Simcoe, ON L3V 5W5,31 Frederick ST
Simcoe, ON L3V 5W5,31 Frederick ST

$950,000

Est. payment /mo

$999,900

5.0%
Est.Price: ?

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31 Frederick ST Simcoe, ON L3V 5W5

2 Beds

4 Baths

SOLD DATE : 01/29/2025

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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Listed by REVEL REALTY INC.
agent

Kevin Flaherty

Broker

+1(226) 270-6433

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