ON > Orillia > Orillia
Orillia, ON L3V4T5,32 MATCHEDASH STREET N
Orillia, ON L3V4T5,32 MATCHEDASH STREET N
Orillia, ON L3V4T5,32 MATCHEDASH STREET N
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Jeffrey Sefton

Jeffrey Sefton

+1(778) 235-4501
$1,750,000
Est. payment /mo
5 Baths
6,700 SqFt
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,700 sqft

Price per Sqft $261

Subdivision Orillia

MLS® Listing ID S12569482

Source Toronto Regional Real Estate Board

Property Description

CASH FLOW FROM DAY 1: Here is your chance to add a Freehold, Mixed Use, Multiplex to your portfolio. Located just minutes from Orillia's Growing, Vibrant Waterfront, this well maintained, HANDS OFF INVESTMENT property with LOW ANNUAL EXPENSES, features FIVE INCOME PRODUCING UNITS with long term, stable tenants, making it the perfect addition or start to an investment portfolio. Unit Details - SUITE 101: Main Level Commercial unit, Tenanted by Salon - SUITE 102: Main Level Commercial Unit, Tenanted by Law Office - UNIT A: Second Level Residential Unit, 3 Bedrooms, 1 Bathroom - UNIT B: Lower Level Residential Unit, 2 Bedroom, 1 Bathroom, Tenanted by same Law Office - UNIT C: Lower Level Residential Unit, 1 Bedroom, 1 Bathroom - Possibility to subdivide a commercial unit into a 6th unit. Additionally, the property features a Newly Paved Parking Lot (2023) with 15 parking spaces, and over $100,000 worth of upgrades and updates since 2022, including a renovation in Suite 102, Unit B, and Unit C (2025). This property stands out from the rest with its strong tenant mix with long term, reliable occupants, future development options, ideal location just seconds from the waterfront, staple amenities and stores. This is a rare opportunity to purchase a cash flow positive investment early into the gentrification and growth of an established city. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 15

Private Pool No

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Jeffrey Sefton

Jeffrey Sefton

+1(778) 235-4501

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32 MATCHEDASH STREET N