486 Gill Street No longer available

Orillia, South Ward, L3V 4L1

$779,900

Description

Listed by RE/MAX Right Move Brokerage.

Are you in search of a fully equipped rental opportunity? Look no further than this legal duplex, ideally situated just a 5-minute walk from Lake Simcoe on Gill Street in the sought-after South Ward. Boasting 5 bedrooms and 2 bathrooms, this property offers versatility and potential. The main floor features 3 bedrooms along with a fully updated bathroom, kitchen, floors, paint, and a charming sunroom adding an extra 149 sq ft of living space. Additionally, there's a detached garage/workshop measuring 16 x 24 with hydro, currently serving as a games room complete with a pool table, dart board, and bar. Notable upgrades include new windows, garage door, metal roof, insulation, and rubber floor in the garage. The lower unit comprises 2 bedrooms and a fully upgraded bathroom, providing ample living space. The standout feature of this property is its expansive yard measuring 50x167, offering tremendous potential for future development. With the zoning and lot size permitting an additional dwelling unit, you have the option to construct another house at the rear or convert the garage into another rental unit to maximize your return on investment. Recent upgrades include a new roof in 2018, new eaves trough, fascia, and soffit in 2020, a 200amp electrical panel in 2020, a new hot water tank in 2020, and retaining walls both front and back. Don't miss out on this exceptional opportunity – schedule a showing today to explore the possibilities!

Microwave,Existing Fridge X2, Clothes Washer, Clothes Dryer, Clothes Washer And Dryer Combo, Stove X2, Dishwasher X1

Location

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  • Address: 486 Gill Street
  • Neighborhood: South Ward
  • City: Orillia
  • State: ON
  • Postal Code: L3V 4L1

Property Details

  • Property ID: 40571553
  • Property Price: $779,900
  • Style: Duplex Up/Down, Residential Income
  • Sq/Ft: 1050
  • Bath: 2
  • Garages Spaces: 1
  • Parking Spaces: 9
  • A/C: Central Air
  • Basement: Separate Entrance, Full, Finished
  • Exterior: Stone
  • Heating: Forced Air, Natural Gas
  • Taxes: $3,566.43 (2023)
  • # of stories: 1

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Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


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Recently Sold

    • Sold 68 days ago

    32 Tanager Street

    Elmira, Elmira, N3B 1C9

    $700,000

    $000000

  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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