For Sale: 66 Nottawasaga Street, Orillia, ON - REW
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$859,900
4 bd • 4 ba • 1500 - 1999 sf • Multifamily
66 Nottawasaga Street
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$859,900
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66 Nottawasaga StreetOrillia, ON, L3V 3J4

  • 4 Bed
  • 4 Bath
  • 1500 - 1999 Sqft
  • Multifamily

About this home

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:63626)
Listed by: LORRAINE JORDAN, Salesperson, Real Broker Ontario Ltd.

Home facts and features

Price details
List Price
$859,900
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Gross Taxes for 2026
$4,687
Home facts
Bedrooms
4
Full Bathrooms
4
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
130 feet
Frontage
35.0 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Wall unit
Basement Details
Unfinished, Full
Features
Separate Electricity Meters, Smoke Detectors
Appliances
Dryer, Refrigerator, Stove, Washer, Water Heater
Agent details
Primary Agent
LORRAINE JORDAN
Primary Broker
Real Broker Ontario Ltd.
Listing details
Days on REW
1 Day
MLS® Number
S13638498
Source
Canadian Real Estate Association
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Property Insights

Lions Oval Public School
  • Public
  • JK - 8
Orillia Secondary School
  • Public
  • 9 - 12
ÉÉC Samuel-de-Champlain
  • Catholic
  • JK - 6
Harriett Todd Public School
  • Public
  • JK - 8
Orchard Park Elementary School
  • Public
  • JK - 8
Monsignor Lee School
  • Catholic
  • JK - 8
Orillia Campus School
  • Public
  • 9 - 12
Twin Lakes Secondary School
  • Public
  • 9 - 12
Patrick Fogarty Secondary School
  • Catholic
  • 9 - 12
Orillia Christian School
  • Private
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
LORRAINE JORDAN
Phone:
416-236-1392
Cell:
705-526-9770
Office:
888-311-1172
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