THIS COULD BE THE ONE, OFFERS MANY OPTIONS. OUR LOCAL REAL ESTATE MARKET IS REMAINING STRONG, WITH SLOWER PACE OF INCREASES, BRINGS THIS PERFECT TIME TO GET INTO THE REAL ESTATE MARKET. PURCHASE 205 MARY ST AS A HOME WITH AN EXISTING IN-LAW SUITE IN LOWER LEVEL, OR RENT OUT THE SECOND UNIT TO HELP WITH THE MORTGAGE. SEPARATE ENTRANCE TO LOWER UNIT FROM THE BACK OF THS HOUSE FOR ACCESS TO THE ONE BEDROOM IN-LAW SUITE. WELL MAINTAINED ALL BRICK, 3+1 BEDROOM BUNGALOW WITH DETACHED (INTERESTING) GARAGE SPACE, HAS A LOWER LEVEL PERFECT FOR STORAGE OR SET UP AS A WORK SPACE. RECENT UPDATES INCLUDE BUT NOT LIMITED TO: WITHING 4 YEARS - FURNACE AND ROOF SHINGLES; WITHIN 15 YEARS - WINDOWS, PLUMBING, ELECTRICAL. THIS PROPERTY IS IDEAL FOR FIRST TIME HOME BUYERS OR RETIREES, WITH THE BUNGALOW DESIGN FLOOR PLAN, GREAT FOR SMALL CHILDREN OR IF RETIREES HAVE MOBILITY CONCERNS. ALSO FOR INVESTORS LOOKING TO ADD TO THEIR INVESTMENT PORTFOLIO, WITH 2 EXISTING UNITS TO RENT. PLEASE NOTE THAT THIS IS NOT A DUPLEX. THE OPTION IS CERTAINLY POSSIBLE, APPLY TO THE CITY OF ORILLIA, TAKE THE NECESSARY STEPS, TO CREATE A LEGAL DUPLEX. SHARED LAUNDRY IN LOWER LEVEL, OFFERS BOTH UNITS A CONVENIENT PERK. LARGE, DEEP CITY LOT, IS LANDSCAPED, WELL TREED, FENCED AND PRIVATE. GREAT CENTRAL LOCATION NEAR HOSPITAL AND WITHIN WALKING DISTANCE TO BEAUTIFUL DOWNTOWN ORILLIA AND COUCHICHING BEACH PARK. CLOSE TO HIGHWAY ACCESS, IDEAL FOR COMMUTERS. PROPERTY WILL BE VACANT AT TIME OF CLOSING. IDEAL FOR NEW OWNER, IF AN INVESTOR, TO SET MONTHLY RENTALS FEES AT THE CURRENT MARKET RENTAL RATES. (id:10452)

Property Details

Listing Office: Century 21 B.J. Roth Realty Ltd. Brokerage

Loading WalkScore data...

Loading Mortgage Calculators...