214 Mississaga St W

For Sale 65 Days
$1,599,900
5 beds
5 baths

214 Mississaga St W

For Sale 65 Days
$1,599,900
5 beds
5 baths

Highlights

Key insights

Description

Are you an investor? Looking for an investment where the numbers finally work? 1) Presenting an exquisite 5-plex investment property where you have the opportunity to set your own rents, fully reimagined with meticulous attention to detail. This property boasts four legally recognized units, with the front of the house being gutted to the studs and rebuilt new, and the back half is newly built to the highest standards, with luxurious finishes. 2) Step into each unit and be welcomed by stunning kitchens, outfitted with top-of-the-line stainless steel appliances and stylish cabinetry. The renovations extend to every aspect of the units, including individual air conditioning units, in-suite washers and dryers, and elegantly appointed bathrooms with towel warmers. And Triple-glazed front windows ensure quiet interiors, even with the property's prime location. 3) This property is approved for short-term rental and meets all requirements, fully compliant with the City of Orillia regulations. Units 1, 2, 3, and 4 are being offered fully furnished, and the property features a new metal roof, new upgraded flooring, new floor joists, new electrical, new plumbing, spray foam insulation, a high-end security camera system, and a sprinkler system, ensuring peace of mind and energy efficiency. 4) The property's separately metered 200-amp service allows for precise control over heating and hydro, facilitated by an energy-efficient on-demand hot water boiler with durable aluminum radiators for longevity. State-of-the-art access control technology enables remote management, making ownership effortless. 5) Situated in the heart of the city, directly across from the hospital, this property benefits from HC2 zoning, permitting a wide range of uses and offering excellent potential for future development. This 5-plex is more than just a place to live - it's an exceptional investment opportunity where every detail has been crafted to offer both luxury and practicality. (id:55581)

NICK DOHERTY of Royal LePage Quest,
#S12255290
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Cooling
    Wall unit
  • Heat source
    Natural gas
  • Heat type
    Hot water radiator heat
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    8
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    5
  • # total bathrooms
    5.0
  • # of above grade bedrooms
    5
Location
  • Subdivision
    Orillia
  • View
    City view
  • Directions
    2154192
Lot/ Land Details
  • Lot desc
    Lawn sprinkler
Overview
  • Lot size (acres)
    0.0
  • Listing #
    S12255290
  • Property sub type
    Multi-family
  • Status
    Active
Rooms Information metric
  • Bedroom
    3.73m X 2.81m
    Level: 2nd
  • Bedroom
    4.04m X 4.54m
    Level: Lower
  • Bedroom
    3.85m X 3.52m
    Level: Main
  • Bedroom
    3.84m X 4.26m
    Level: Main
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28543152/214-mississaga-street-w-orillia-orillia
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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25 Years fixed, 20% down payment, % interest
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