49 Victoria Street, Orillia

Are you an investor searching for a legal duplex with positive cash flow or a first time home buyer welcoming additional income to supplement your mortgage payments? Welcome to 49 Victoria Street in the heart of booming Orillia! This fully renovated legal Duplex was rebuilt from the studs out in 2008 and has recently been updated from top to bottom with newer vinyl siding creating a beautiful curb appeal along with many other recent renovations and upgrades including a fully waterproofed basement, french drain, new sump pump and newer shingles not to mention separate entrance areas for both units complete with added storage! This beautiful home is turn key and ready for you to start making money right away with 2 self contained above-grade apartments both featuring 2 bedrooms, updated kitchens, 4 piece baths and separate ensuite laundry faciltiies. The second floor unit comes occupied with a AAA Tenant currently paying $1,950.00 per month + utilities while the lovely main floor unit offers vacant possession for your own personal use or a new tenant of your choice! Rarely do opportunities like this one come along! Both units are separately metered for electrical services making property management a breeze! Opportunity knocks for future development on this unique property....You can add yet a 3rd source of income as this duplex is located on a double wide lot which allows for an additional garden suite to be built on the east side of the lot!!