66 NOTTAWASAGA STREET,Orillia,Ontario,L3V3J4

$859,900

66 NOTTAWASAGA STREET,Orillia,Ontario,L3V3J4

7.3% cap. Most fourplexes that come up need something: units to renovate, rents to catch up, or a hydro bill you inherit. This one needs none of it. All four units are renovated, leased, and separately metered, so tenants carry their own power and your operating exposure stays where you can predict it. The quality of the finishes is why it leases the way it does. Units get picked up quickly and no more vacancy, which is the difference between a building that runs itself and one that runs you. The capital cycle is finished. Roof 2019. High-efficiency furnaces and attic insulation 2020. Roof and eave heating cables 2021. Concrete collar, upper-level siding and storage shed 2022. Paved parking and main-floor air conditioning 2023. Water heater owned, not rented. Solid brick construction, zoned Fourplex, with four parking spaces, shared basement laundry and private entrances for the main-floor units. The businesses of Downtown Orillia, waterfront boardwalk, scenic trails and Lakehead University are all a walk away, which is what keeps the tenant pool deep and the units full. (id:63658)

PROPERTY SUMMARY

MLS® #	:	S13638498
Listing price	:	$859,900
Listed on	:	14-08-2026
Property subtype	:	For sale
Square footage	:	1500 sqft
Year built	:	0000
Listing office	:	Real Broker Ontario Ltd.

BEDROOM & BATHROOM

Total bedrooms	:	4 Bedrooms
Total bathrooms	:	4 Bathrooms

BUILDING

Building type	:
Parking	:	No Garage

Community location

Neighbourhood Highlights

• Park

  Place of Worship

  Public Transit