Selling

214 Mississaga Street, Orillia, ON L3V 3B5

$1,649,900

  • Jun 13, 2025
  • Orillia, Ontario

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.
Overview
MLS ID: S12031330
Type: Others
Bedrooms: 4
Bathrooms: 5
Square: 3,250 m²
Price: $1,649,900
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Wall Unit(s)
Heating: Water
ParkingFeatures: Detached
YearBuilt: Unknown
TaxAnnualAmount: 6420
PossessionDetails: Flexible
Map
Featured properties

The Most Recent Estate

20 Schilling Court, Whitby, ON L1N 8X7
0 minutes ago
$775,000

20 Schilling Court, Whitby, ON L1N 8X7

Others
  • 3
  • 2

  • 1300 Sq.ft

RE/MAX HALLMARK FIRST GROUP REALTY LTD.
657 Dorchester Drive, Oshawa, ON L1J 6L4
8 minutes ago
$675,000

657 Dorchester Drive, Oshawa, ON L1J 6L4

Others
  • 3
  • 2

  • 900 Sq.ft

RE/MAX JAZZ INC.
717 Yarfield Crescent, Newmarket, ON L3X 1C5
15 minutes ago
$1,039,000

717 Yarfield Crescent, Newmarket, ON L3X 1C5

Others
  • 3
  • 4

  • 1300 Sq.ft

CENTURY 21 HERITAGE GROUP LTD.
5189 8 Line, Milton, ON L9E 1A3
39 minutes ago
$4,998,000

5189 8 Line, Milton, ON L9E 1A3

Others
  • 4
  • 2

  • 1750 Sq.ft

RE/MAX REALTY SPECIALISTS INC.
7 Rosset Valley Court, Halton Hills, ON L7G 5E1
1 hours ago
$924,900

7 Rosset Valley Court, Halton Hills, ON L7G 5E1

Others
  • 4
  • 3

  • 1750 Sq.ft

EXP REALTY
11 Richelieu Court, Caledon, ON L7E 2M3
1 hours ago
$999,999

11 Richelieu Court, Caledon, ON L7E 2M3

Others
  • 3
  • 4

  • 1300 Sq.ft

RE/MAX PREMIER INC.
2150 Duberry Drive, Pickering, ON L1X 2A5
6 hours ago
$879,000

2150 Duberry Drive, Pickering, ON L1X 2A5

Others
  • 3
  • 6

  • 1750 Sq.ft

THE CANADIAN HOME REALTY INC.
137 Holmes Crescent, Milton, ON L9T 0V9
13 hours ago
$899,900

137 Holmes Crescent, Milton, ON L9T 0V9

Others
  • 3
  • 3

  • 1750 Sq.ft

ROYAL LEPAGE REAL ESTATE SERVICES LTD.