671 Driftwood Road Orillia, Ontario L3V 1E1
$649,000
Top 5 Reasons You’ll Love This Property: 1) TWO HOMES ON 1 LOT: Featuring two detached houses with minimal upkeep. The main house has 3 bedrooms and 2 bathrooms, while the secondary house offers 2 bedrooms and 1 bathroom, both designed for low maintenance. 2) CASH FLOW POSTIVE INVESTMENT: Generate over $3800 per month in rental income from both units, ensuring a steady income stream and a financially sound investment. 3) Broad Appeal: Perfect for investors and first-time homebuyers alike. Live in one unit while renting out the other, or rent both for maximum income flexibility. 4) Immediate Flexibility: The secondary suite is vacant upon possession, allowing you to live in one home or set your own rental rates right away. 5) Prime Location and Lakeside Proximity: Just 90 minutes north of the GTA, enjoy serene Lake Simcoe views and easy access to boat docks. Minutes from downtown Orillia and Casino Rama, surrounded by high-end developments promising substantial future growth. Don’t miss this chance to invest in the thriving Sunshine City, Orillia. Call today to book a showing. Age 84. (id:51398)
Property Details
| MLS® Number | 40605073 |
| Property Type | Multi-family |
| Amenities Near By | Marina, Park, Public Transit, Shopping |
| Features | Crushed Stone Driveway |
| Parking Space Total | 5 |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Basement Type | None |
| Constructed Date | 1940 |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 2 |
| Size Interior | 1270 Sqft |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Access Type | Road Access, Highway Access |
| Acreage | No |
| Land Amenities | Marina, Park, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 68 Ft |
| Size Frontage | 50 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2i |
https://www.realtor.ca/real-estate/27032429/671-driftwood-road-orillia
Interested?
Contact us for more information
Hunting For Your Next Property?
PRESENTED BY
ANDREW JOHN COCKS
PRESIDENT / BROKER OF RECORD
COCKS INTERNATIONAL REALTY INC., BROKERAGE
212 HWY 141, PO BOX 120
UTTERSON ON, P0B1M0
OFFICE: (705) 640-0664
DIRECT: (705) 380-3166
FAX:(249) 700-0700
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
Property Types
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 23 2024 05:13:32
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
Royal LePage Quest Brokerage, Orillia