All photos · 40
14 Elgin Street, Orillia, ON L3V 1R9
$2,299,000
Beds
n/a
Baths
n/a
Type
Commercial
About this home
Great investment opportunity in Otilia! This well-maintained 12-unit property offers a strong income potential with a desirable unit mix of six 1-bedroom units and six bachelor suites. The building includes seven parking spaces, adding extra value and convenience for tenants. Ideally located close to downtown, public transit, shopping, and schools, this property is highly attractive to students and urban renters alike. A solid addition to any investment portfolio with consistent rental demand in a prime location. Clean Phase 1 report available.
Heating
- · Gas Hot Water
Cooling
- · No
What it could cost monthly
Estimated monthly
$10,528
Principal & interest, per month
- Mortgage amount
- $1,839,200
- Down payment
- $459,800
- Total interest paid
- $1,319,187
Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.
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Listing brokerage
GRANGE HALL REALTY INC.
Each office independently owned and operated.