LOADING

671 Driftwood Road Orillia, Ontario L3V 1E1

5 Bedroom 3 Bathroom 1270 sqft
None Baseboard Heaters, Forced Air

$599,000

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:51210)

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


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Julian Langiano
Broker

(705) 309-3078

Royal LePage Quest Brokerage, Orillia
19 Andrew Street North
Orillia, Ontario L3V 5H9

(705) 327-9999
https://www.royallepagequest.ca/

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