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320 Laclie Street, Orillia, ON, L3V 4P1

MLS® # 40672773
Investment For Sale In Orillia, Ontario
$1,849,900
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
320 Laclie Street, Orillia, ON
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Home Insurance - TD Insurance

Get a home insurance quote online for this $1,849,900 property in Orillia

Provided by TD Insurance
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ACTIVE
320 Laclie Street, Orillia, ON, L3V 4P1
$1,849,900

Property Information:

Investment Opportunity - Fully tenanted 9 Plex in north ward of Orillia! Newly constructed 9-plex in 2016, converted from a motel, presenting a 6% cap rate. All 9 units have up to current market rents. All units have been upgraded to meet current market demands, ensuring maximum rental potential. With 8 one-bedroom units and 1 three-bedroom unit, this property caters to a diverse tenant base, allowing for steady occupancy and reliable income streams. There has been zero vacancy since 2016. The public coin laundry facility enhances the income potential of this investment, there's room and hook-ups to accommodate additional machines. Each tenant has a dedicated parking space. Additionally there are four visitor parking spaces. Each unit also has private yards. For detailed financial information don't hesitate to inquire within.

Inclusions: Hot Water Tank Owned

Exclusions : Tenant's Belongings

Building Features:

  • Floor Space: 4676 Square Feet

Property Features:

  • Bedrooms: 11
  • Acres Range:
  • Basement: None
  • Construction Materials: Stucco, Wood Siding
  • Cooling: None
  • Driveway Parking: Outside/Surface/Open
  • Floor Space (approx): 4676 Square Feet
  • Heating: Radiant Floor, Radiant
  • Laundry Features: Coin Operated
  • Lot Features: Public Transit, School Bus Route
  • Lot Frontage: 159.00 Feet
  • Parking Features: Leased
  • Pool Features: None
  • Road Frontage Type: Municipal Road, Year Round Road
  • Road Surface Type: Paved
  • Roof: Membrane
  • Security Features: Security System
  • Water Source: Municipal-Metered
  • Zoning: C2
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 13

Courtesy of: Exit Realty True North 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

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Location of 320 Laclie Street, Orillia, ON, L3V 4P1

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, 320 Laclie 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, 320 Laclie 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 320 Laclie Street, Orillia, ON, L3V 4P1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,171.09

Average Number of Children

1.64

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.55 %

High school certificate or equivalent

27.27 %

Apprenticeship trade certificate/diploma

6.05 %

College/non-university certificate

24.02 %

University certificate (below bachelor)

0.76 %

University Degree

21.34 %

Commuter

Travel To Work

By Car

87.61 %

By Public Transit

4.08 %

By Walking

7.69 %

By Bicycle

0.0 %

By Other Methods

0.62 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

26.47 %

Houses

73.53 %

Own Vs. Rent

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