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23 Elgin Street, Orillia, ON, L3V 1R8

MLS® # 40719576
Investment For Sale In Orillia, Ontario
$799,900
23 Elgin Street, Orillia, ON
23 Elgin Street, Orillia, ON
23 Elgin Street, Orillia, ON
23 Elgin Street, Orillia, ON
23 Elgin Street, Orillia, ON
23 Elgin Street, Orillia, ON
Home Insurance - TD Insurance
Get a home insurance quote online for this $799,900 property in Orillia
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $799,900 property in Orillia

Provided by TD Insurance

23 Elgin Street, Orillia, ON, L3V 1R8
$799,900

Property Information:

Fantastic Investment Opportunity in City of Orillia which is full of redevelopment and transitioning. 23 Elgin Street offers an exceptional investment opportunity with this legal triplex intentionally kept vacant for your immediate use or tenant placement.This versatile property features three separate units (1 bed/1 bath, 1 bed+den/1 bath, and a spacious 2 bed/1 bath with balcony), perfect for investors, multigenerational living, or those seeking personalization options. Unit 2 can include furniture and continue for furnished rental. Upper unit has own stackable washer and dryer as well as walkout balcony. Units on main floor have shared laundry. Updates within last few years include a roof and furnace (2020), plus common laundry and ample parking. Ideally located minutes from downtown Orillia's waterfront, boardwalk, parks, and local amenities including Mariposa Market, this prime location provides flexibility to live in, rent out, or improve to suit your needs. On City Services and garbage removal. With immediate occupancy available, you can decide whether to occupy a unit while generating rental income from others or maximize returns by renting all units. This prime investment property offers tremendous potential in a convenient location with proximity to everything. Seller says bring your offer!

Inclusions: Carbon Monoxide Detector,Smoke Detector,Window Coverings,All Appliances And Furniture In Unit 2 Is Included Or Optional

Exclusions : None

Building Features:

  • Floor Space: 2500 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Crawl Space, Unfinished
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Driveway Parking: Lane/Alley Parking, Outside/Surface/Open
  • Exterior Features: Balcony
  • Floor Space (approx): 2500 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Built-In Appliances
  • Laundry Features: Coin Operated, Common Area, Gas Dryer Hookup, In Building, Laundry Room, Main Level
  • Lot Depth: 133 Feet
  • Lot Features: Rectangular, City Lot, Marina, Park, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
  • Lot Frontage: 52.99 Feet
  • Parking Features: Asphalt
  • Road Frontage Type: Municipal Road, Public Road, Year Round Road
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Smoke Detector, None
  • Water Source: Municipal
  • Water Treatment: None
  • Window Features: Window Coverings
  • Zoning: C1 - HR
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: RE/MAX Hallmark Chay Realty Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Sales/Price History

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Market Price Trends

All Properties

1.53%

Price change (1 year)

51.02%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 23 Elgin Street, Orillia, ON, L3V 1R8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

32 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

32 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 23 Elgin Street , experiences 7 hot days per year at around 30.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 32 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.2℃
2050
33.8℃

# Hot Days Per Year

Past
7
2050
32

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

66/100

Moderate-High

ClimateCheck®

Current data

This property, 23 Elgin Street , experiences 11 significant 2-day storms per year, with about 318.8mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 401.7mm of precipitation per year.

Precipitation Per Storm

Past
318.8mm
2050
401.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 23 Elgin Street, Orillia, ON, L3V 1R8

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$66,542.31

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.91 %

High school certificate or equivalent

36.43 %

Apprenticeship trade certificate/diploma

5.57 %

College/non-university certificate

22.53 %

University certificate (below bachelor)

0.32 %

University Degree

9.24 %

Commuter

Travel To Work

By Car

67.91 %

By Public Transit

10.32 %

By Walking

20.61 %

By Bicycle

1.16 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

70.52 %

Houses

29.48 %

Own Vs. Rent

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