$2,599,000Asking Price
Incredible investment opportunity in Orillia. Fully occupied 12-unit apartment building with stable income from day one.The property generates approximately $189,322 annually and is supported by long-term, quality tenants. A well-balanced unit mix and strong occupancy make this a reliable asset with clear potential for future rent growth.One of the key advantages is the location. The building is within walking distance to the lakefront, parks, and scenic trails, offering easy access to nature, waterfront views, and outdoor activities. This lifestyle factor strongly attracts tenants and supports long-term demand.Located in a rapidly developing area, Orillia continues to grow, with expanding infrastructure and increasing interest from young professionals.This is a clean, straightforward investment with solid fundamentals, consistent cash flow, and long-term upside.
Incredible investment opportunity in Orillia. Fully occupied 12-unit apartment building with stable income from day one.The property generates approximately $189,322 annually and is supported by long-term, quality tenants. A well-balanced unit mix and strong occupancy make this a reliable asset with clear potential for future rent growth.One of the key advantages is the location. The building is within walking distance to the lakefront, parks, and scenic trails, offering easy access to nature, waterfront views, and outdoor activities. This lifestyle factor strongly attracts tenants and supports long-term demand.Located in a rapidly developing area, Orillia continues to grow, with expanding infrastructure and increasing interest from young professionals.This is a clean, straightforward investment with solid fundamentals, consistent cash flow, and long-term upside.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 4 4-Piece Bathrooms on Lower | ||||
| 4 4-Piece Bathrooms on Ground Floor | ||||
| 4 4-Piece Bathrooms | ||||
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Orillia, Orillia is a north GTA neighbourhood.
Kids Per Family
0.9
kids per family
in the neighbourhood.
50%
of residents are
single and loving it.
50% singles
Orillia (50%)
39%
of residents
are renters.
39% renters
Orillia (39%)
20%
of residents are
university grads.
20% university grads
Orillia (20%)Average Household Income
$85K
is the average household
income in the neighbourhood.
Professions
| Sales | 20% |
| Trades | 8% |
| Business | 7% |
| Government | 7% |
| Health | 5% |
9%
of residents were
born outside of Canada.
9% immigrants
Orillia (9%)2.4% from UK
All-time
0.1% from China
Recent
Foreign Languages
| French | 1% |
| German | 1% |
| Italian | 1% |
| Tagalog | 1% |
Religions
| Christian | 66% |
| Muslim | 1% |
| Sikh | 1% |