55 FITTONS ROAD E new Save Request In-Person Tour Request Virtual Tour
Orillia,ON L3V2J2
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $590
Subdivision Orillia
MLS Listing ID S12287132
Bedrooms 4
Property Sub-Type Freehold
Property Description
City-approved, legal duplex offering two self-contained, move-in ready units (up/down) with private entrances - ideal for investors, multi-generational families or homeowners looking to offset mortgage costs. This brick & siding home with metal roof (2017) delivers immediate cash flow in a high-demand rental area. The upper unit features 3 bedrooms, an updated 3-pc bath (tub/shower combo), full kitchen and open-concept living/dining space. The bright lower unit offers 1 bedroom, 3-pc bath (shower), large above-grade windows, an efficient kitchen and cozy living/eating area. Both units have been freshly painted in calming neutrals & include recent updates to kitchens, baths, flooring, doors & trim. Additional features: forced-air gas furnace, central A/C, covered carport and parking for 3-4 vehicles. The fully fenced backyard backs onto the peaceful Couchiching Golf Course - offering green views, added privacy and regular wildlife sightings. Projected rental income (Orillia averages): 3-bedroom unit: approx. $2,000-2,300/month. 1-bedroom unit: approx. $1,400-1,800/month. Total gross income: approx $40,800 - 49,200/year. Located just 7 minutes to downtown Orillia & the marina, 15 mins to Casino Rama and 30 mins to two ski resorts. Enjoy beaches, year-round festivals, dining and recreation at your doorstep. A rare opportunity to secure a hands-off investment with great returns - or enjoy home ownership with a healthy built-in income stream. Be sure to view the 3D tour and slideshow below, then book your showing and discover the income potential and mortgage versatility this turnkey gem truly has to offer! (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
Fence Fenced yard
Community Features School Bus
View Y/N No
Building
Sewer Sanitary sewer
Others
Virtual Tour https://youtu.be/_l3-HfscSkw