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Key Facts
Key facts for 119 Albert Street S
Property Type
Apartment, 2-Storey
Parking
None 0 garage, 6 parking
MLS #
S5971920
Size
1100-1500 sqft
Basement
Partial Basement,Unfinished
Listed on
2023-05-09
Lot size
47 x 165.0
Tax
$2,731.83 /yr
Days on Market
865
Approximate Age
16-30
Maintenance Fee
-
Description
VTB available! WOW! $100,000 VTB, this could be your opportunity to get into real estate ownership. Great opportunity for a recently updated / newly created 2 unit (in 2020), residential home with a secondary unit (in-law) suite. Updated Kitchens, bathrooms and flooring in both units. Each a spaciou...s 1 bedroom. Provides strong income. Upper unit $1,500 per month all inclusive. Ground floor unit $1,800 per month all inclusive. Please note this is not a legal duplex however is zoned R2, there by permitting a legal duplex. Buyer to be aware of current building status, certainly can work with City of Orillia to create a legal duplex. Recent changes to the high density direction from Ontario government, this property is within an area of City of Orillia high density residential plans coupled with such a large Lot 47' X 165', the potential to develop a Tri-plex or 4-plex would be worth the investigation. Property has 2 driveways. Windows and roof shingles also recently updated. **** Extras **** Upper unit is accessed via exterior stair case and a large upper balcony. Ground floor unit has access at front door or back entrance off of general back deck.
