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240 CLAYBORNE PLACE, Orillia

6 BEDS · 4 BATHS · 2500 - 3000 sqft

$989,000

An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available

General Info


MLS Listing ID: S14088928 Bedrooms: 6 Bathrooms: 4 Year Built: 0
Listing Type: Multi-family Half Baths: N/A Fireplace Fuel: N/A Maintenance Fee: N/A
Foundation: Slab Roof: N/A Title To Land: N/A Parking Space Total: 6
Parking: No Garage Heating: Baseboard heaters Size: 2500 - 3000 sqft Air Conditioning : None
Home Style: N/A Finished Floor Area: N/A Fireplaces: N/A Basement: Crawl space
Water Supply: Municipal water Road Type: N/A Pool Type: N/A
Listed BY: ALICIA LINKLATER, CENTURY 21 B.J. ROTH REALTY LTD.

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