Featured Property

Orillia, Ontario

Your Mortgage Helper Awaits! Wondering how you can survive as a homeowner or want to say goodbye to rent and hello to homeownership? Here is a way for you to be a comfortable homeowner having others support your mortgage payments. The largest main floor area of this triplex is vacant, freshly painted and awaits your vision to call it home. It features 3 bedrooms and a large dining room that could also be a 4th bedroom, family room or office. There's an eat-in kitchen and a comfortable living room for the family. Imagine you as the homeowner having two separate 2-bedroom units providing over $2,000 in rent to support your monthly mortgage. Roof re-shingled in 2020, a new owned hot water tank (2020), windows upgraded (2015), eavestrough replaced (2017). Walking distance to the hospital and a short drive to OPP Headquarters, Georgian College, Lakehead University and Downtown Orillia. City Transit stop near by. (id:46421)

Penetanguishene, Ontario

Professionally managed 6-unit property, all but unit 2 at market rent. Unit 1 is occupied by owner potential rent at $2200. Lake views nestled in the heart of town with easy access to all amenities. Approx. annual gross Income of $122,400 makes this an attractive opportunity for any investor. Units include 1-Huge 3 Bed Unit with basement, 1x2 Bed Unit, and 4x1 Bed units, each unit with its own hydro panel. Unit 1 has a new f/a furnace, S/S appliances, and washer/dryer. Units 2-6 are baseboard heated and all water heaters are owned. New metal roof, windows and deck in 2021 + cameras installed (as is). Ample parking spaces for 7-10 vehicles. Financials available upon request. (id:46421)

Orillia, Ontario

Top 5 Reasons You Will Love This Property: 1) Discover this impeccably maintained legal fourplex ideally situated near Soldiers Memorial Hospital, offering effortless access to all that Orillia has to offer 2) With versatile C1 zoning, this property opens doors to a multitude of uses with one unit, previously a hairdresser's salon and now awaits residential or commercial occupancy 3) Recently upgraded, each unit radiates brightness and ease with efficient electric baseboard heating, minimizing the need for extensive furnace maintenance and upkeep 4) Enjoy peace of mind with a sturdy steel roof, providing long-lasting durability against the elements 5) Unwind with ample off-street parking at the rear of the property, presenting an additional opportunity to expand the building and enhance income potential. Age 104. Visit our website for more detailed information. (id:46421)

Wasaga Beach, Ontario

EXCLUSIVE 12-UNIT PROPERTY IN A HIGH-DEMAND AREA WITH EXCITING DEVELOPMENT POTENTIAL! Welcome to 3071 Mosley Street. This property is located steps from the water and the new casino, making it an attractive investment. The property is situated on a corner lot with neighbouring vacant land earmarked for teardown and sale. Rezoned for medium density, it provides an opportunity for redevelopment in response to the area's high demand for residential spaces. With a solid cap rate of 5.75%, the property promises a lucrative investment. It comprises 9 single- and 3 double-bedroom units, all with kitchens (12), designed to generate steady rental income. There are no common areas, and tenants are responsible for their own utilities, which keeps operational costs low and maximizes profitability. A detailed profit/loss statement is available for potential buyers, providing insight into the property's financial performance. The property has undergone a seamless transformation from a motel to meet modern residential demands, with an old Phase 1 environmental report (2019) assuring its environmental integrity. The property features an impressive 147.30' frontage on a sizable 0.437-acre lot, offering plenty of space for expansion or additional amenities. Ample parking is available for residents and guests, enhancing its appeal and functionality. Whether you're an experienced investor looking to expand your portfolio or an entrepreneur seeking lucrative opportunities, this property provides an ideal platform for realizing your vision. (id:46421)

Wasaga Beach, Ontario

EXCLUSIVE 12-UNIT PROPERTY IN A HIGH-DEMAND AREA WITH EXCITING DEVELOPMENT POTENTIAL! Welcome to 3071 Mosley Street. This property is located steps from the water and the new casino, making it an attractive investment. The property is situated on a corner lot with neighbouring vacant land earmarked for teardown and sale. Rezoned for medium density, it provides an opportunity for redevelopment in response to the area's high demand for residential spaces. With a solid cap rate of 5.75%, the property promises a lucrative investment. It comprises 9 single- and 3 double-bedroom units, all with kitchens (12), designed to generate steady rental income. There are no common areas, and tenants are responsible for their own utilities, which keeps operational costs low and maximizes profitability. A detailed profit/loss statement is available for potential buyers, providing insight into the property's financial performance. The property has undergone a seamless transformation from a motel to meet modern residential demands, with an old Phase 1 environmental report (2019) assuring its environmental integrity. The property features an impressive 147.30' frontage on a sizable 0.437-acre lot, offering plenty of space for expansion or additional amenities. Ample parking is available for residents and guests, enhancing its appeal and functionality. Whether you're an experienced investor looking to expand your portfolio or an entrepreneur seeking lucrative opportunities, this property provides an ideal platform for realizing your vision. (id:46421)

Wasaga Beach, Ontario

Beautiful riverfront income producing property located on the Nottawasaga river just steps to the beach. Properly zoned for short term rental opportunities in Wasaga Beach this charming property has a year round home or cottage with adjacent one bedroom 3 season guest suite and two - 2 bedroom efficiency units all on the same 60 foot riverfront property. Explore the endless possibilities of owning this one of a kind riverfront property. Enjoy the main riverfront house yourself with supplementary income or see it as your next year round investment property that is within walking distance to beach area one, This beautiful waterfront home sleeps up to 10 and will be the place you hang your towel, after enjoying the hot summer sun, close to all amenities and a short drive to the ski hills of blue mountain not to mention your own riverfront playground. Panoramic views of the Provincial Park Peninsula with the most amazing sunsets you've ever seen. This Turnkey property is ready for your enjoyment, with all appliances and furniture included. Your income property or large family getaway is right here! Plenty of parking & fully fenced yard, well treed property includes gazebo & deck over looking the river. Natural sunlight open concept living riverfront views in the main house with vaulted ceilings, 3 bedrooms and a loft, walk out to deck, wood burning Fireplace & heated with Forced Air Propane, Natural Gas at the lot line is ready to be hooked up. 3 Season Bunkie equipped with bar fridge, wet bar area/Liv. room, 1 Bedroom & 4pc Bath. Two - 2 Bedroom efficiency units are rented long term, come with full kitchens and living room and 4 pc baths, heated with Electric Baseboard. The Main Beach is a 3 minute walk to enjoy the nightlife entertainment & quiet walks on the beach. Down by the waters edge you have a private dock, where you can fish, feed the ducks, or tie up your watercraft. Get your boat in the water & enjoy this Beautiful Summer in Wasaga Bch.DuplicateMLS#40536223 (id:46421)

Orillia, Ontario

Unlock the true potential of this property! This newly updated Legal Duplex offers two separate suites. Upstairs has 3 bedrooms, downstairs 2 bedrooms with separate laundry and each feature eat in kitchens & great living spaces. Whether you choose to rent out the entire property or capitalize on the basement space separately, this investment is designed to provide supplementary income that can significantly help. A unique feature that sets this property apart is the basement space cleverly located beneath the garage. This space can be transformed into a versatile storage area, providing tenants or homeowners with ample room for their belongings. Situated on a huge lot, within walking distance to downtown and conveniently close to bus stops. Recent Upgrades include: Downstairs: new vinyl flooring, kitchen, bathroom, paint and laundry. Upstairs: include paint, flooring, kitchen and laundry. (id:46421)

Orillia, Ontario

Here is your chance to get into the market. Legal 2.5 storey brick duplex in Orillia's West ward. Close to all amentias. Brand new windows on main floor. Main floor unit is vacant and Upper unit is tenanted. Great for those wanting help paying the mortgage. Potential to add another unit or garden suite. Lots of charm and character. Both units are two bedrooms. Main floor unit features 2 entrances (front and back). Upper unit features large open balcony off kitchen & large spacious rooms. Furnace, roof & electrical approximately 10 yrs. old. Fenced back yard with shrubs and mature trees. Quiet, long-term tenants, on month to month basis occupy the 2nd floor unit. 2 hydro meters and updated hydro panel. Newer shed. Basement used for landlord storage and the main floor unit has access to it for laundry. Two driveways and fenced back yard complete the picture. Expenses available from listing agent. Note Some pics are modified/staged to show potential . 24 hrs notice is required to see occupied unit. (id:46421)

Orillia, Ontario

Solid brick Legal Duplex conveniently located close to downtown, park, schools. Separate hydro meters. 2 bedroom main foor apartment highceilings and unfnshed basement with laundry(2 bdr apartment only). Upper 1 bedroom apartment bright and high ceilings. Spacious living. New Furnace in 2022. (id:46421)

Wasaga Beach, Ontario

Top 5 Reasons You Will Love This Development Opportunity: 1) Amazing opportunity to own a great vacation getaway investment property just a minute-walk up from the beach in the desirable Wasaga Beach which is blooming with new infrastructure and development 2) Added benefit of two homes in one with the potential to live in one and rent out the other or rent out both 3) Ideal set up for a multi-generational family 4) Located at Beach 2: steps to the largest freshwater beach in the world and over 100 kms of trails 5) Surrounded by all amenities: schools, shopping, hospitals, and dining options while being zoned to build and develop for multi-unit residential building with views to the water. 2,782 fin.sq.ft. Visit our website for more detailed information. (id:46421)

Barrie, Ontario

Nestled in the the downtown core, this legal duplex presents a golden opportunity for savvy investors or those seeking a comfortable home with income potential. The well-maintained upper unit features 2 bedrooms, a 3 pc bathroom, kitchen with breakfast bar and living room. The lower unit features a kitchen, dining room, living room, 4 pc bathroom and 2 bedrooms in the basement, including in-unit laundry as well as access to two decks. Separate hydro meters for each unit and loads of parking. Within walking distance to shopping, restaurants, Queen's Park, Heritage Park and Centennial Beach, as well as easy access to HWY 400. Whether you're an astute investor or a homeowner looking to maximize your investment potential, this duplex offers the perfect combination of location, convenience and income generation. (id:46421)

Barrie, Ontario

Legal duplex walking distance to RVH, Georgian College and schools. Backing on to Lonsdale Park. Positive cash flow for investor with 4 bedrooms in each unit (rent by the room to students) or owner occupied main floor with income from rented basement. Main floor vacant but would rent for $2,250 per month inclusive. Basement rented month to month at $1,998.75 per month inclusive. 2023 utility costs with both units rented: Gas $1,542.75, Hydro $2111.67; Water and sewer $1,640.36. (id:46421)