68 Dunlop Street, Orillia, Ontario L3V 5P2

Listed for:

$3,700,000

0 beds

0 baths

Listed 166 days ago

Multi-Family for rent: 68 Dunlop Street, Orillia, Ontario L3V 5P2

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Listing provided by:

ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

MLS® number:

S7340718

Agent:

Jacob Campagnaro

Phone:

(905) 849-3777

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About

The Investments Group is proud to offer for sale 68 Dunlop St, an 8,820sf residential apartment located in Orillia ON. The Property presents a unique opportunity to acquire a newly renovated, 16-unit apartment building in the downtown core of Orillia. Only minutes to the Hospital and College Campus the subject property could easily be repositioned as a furnished rental to boost the rents above market. 68 Dunlop was renovated in 2021 and offers high-end features and finishes including stainless steel appliances, luxury vinyl plank flooring, LED pot lights, new kitchens and a state-of-the-art intercom and security system with the rents to match. (id:27476)

Property Highlights

Type

Multi-Family

Cooling type

Fully air conditioned

Heating fuel

Natural gas

Fireplace

Construction material

Parking space

Ownership Type

Amenities nearby

Location

Summary

The Investments Group is excited to present 68 Dunlop St, a residential apartment building spanning 8,820 square feet in Orillia, ON. This property offers a unique opportunity to purchase a recently renovated, 16-unit apartment complex situated in the heart of downtown Orillia. Its prime location places it just minutes away from the Hospital and College Campus, making it an ideal candidate for conversion into furnished rentals to command rents above the current market rates.

Renovated in 2021, 68 Dunlop boasts a range of high-end features and finishes, including stainless steel appliances, luxury vinyl plank flooring, LED pot lights, new kitchens, and a state-of-the-art intercom and security system. These upgrades are reflected in the rental rates, making it a lucrative investment opportunity for potential buyers.

This property is currently listed for sale and occupies a land size of 54 x 165 feet. Its address is 68 Dunlop St in the city of Orillia, Ontario, with a postal code of L3V5P2. It is situated within the community of Orillia and is equipped with a fully air-conditioned cooling system. Classified as a Multi-Family property, 68 Dunlop St presents a promising investment prospect for interested parties.

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