About 19 South Street
Solid investment opportunity in a sought-after Orillia neighborhood! This well-maintained, legal triplex provides immediate income and strong future potential with approval for a fourth unit and construction already started. The upper level features two bright and spacious one-bedroom units, with laundry capability, both freshly painted with updated flooring and modern bathrooms completely move-in ready and offering flexibility to establish your rental strategy or occupy personally. The main floor includes a third one-bedroom unit, currently rented to a reliable long-term tenant at market rent, along with a large storage space that is already roughed-in and offers potential for conversion to a fourth unit (plans are attached). A full utility room enhances functionality. The property also includes a useful outbuilding, providing extra storage or potential future use. With three separate hydro meters, private entrances, dedicated parking for each unit, updated vinyl windows, and a prime location close to shopping, transit, hospital, and parks, this property is a versatile addition to any portfolio. Whether you're a seasoned investor or entering the market for the first time, this triplex is a strong and adaptable income-producing asset in a high-demand rental area.
Features of 19 South Street
| MLS® # | S12438417 | 
|---|---|
| Price | $899,900 | 
| Bedrooms | 3 | 
| Bathrooms | 3.00 | 
| Square Footage | 3000-3500 | 
| Type | Residential Freehold | 
| Sub-Type | Triplex | 
| Style | 2-Storey | 
| Status | Active | 
Community Information
| Address | 19 South Street | 
|---|---|
| Area | Simcoe | 
| Subdivision | Orillia | 
| City | Orillia | 
| Province | ON | 
| Postal Code | L3V 3T1 | 
Amenities
| Parking Spaces | 7 | 
|---|---|
| Garages | Detached | 
| Is Waterfront | No | 
| Pool | None | 
Interior
| Heating | Baseboard | 
|---|---|
| Cooling | None | 
| Fireplace | No | 
| Basement | None | 
| Kitchens | 3 | 
Exterior
| Exterior | Aluminum Siding | 
|---|
Listing Details
| Office | CENTURY 21 B.J. ROTH REALTY LTD. | 
|---|

