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53 Elgin Street, Orillia, ON, L3V 1S1

MLS® # 40651043
new listing
Investment For Sale In Orillia, Ontario
$730,000
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
53 Elgin Street, Orillia, ON
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Home Insurance - TD Insurance

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Provided by TD Insurance
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ACTIVE
53 Elgin Street, Orillia, ON, L3V 1S1
$730,000

Property Information:

Investment Opportunity! This Triplex is centrally located close to Downtown and Orillia's Waterfront. Three units are fully occupied and showing good return. Apt 1 is the 3 bedroom, 2 storey at the front of the building with a large verandah renting for $2,350.00 per month with a rent increase coming into effect on October 1st to $2,365.00. Apt 2 is the 1 bedroom on the second floor currently renting for $1,300.00. Apt 3 is the studio apartment on the third floor renting for $973.75. This building has been continuously updated and well maintained. The heating is forced air gas - electric baseboard heating added to the studio apartment. Basement offers extra storage for the Tenants, coin operated laundry and a private room for landlord's storage and security system. Roof re-shingled 2021. Large back yard offers parking for all tenants.

Inclusions: Carbon Monoxide Detector,Dryer, Fridge X 3, Smoke Detector, Stove X 3, Washer

Exclusions : Tenant's Belongings

Building Features:

  • Floor Space: 2005 Square Feet

Property Features:

  • Bedrooms: 4
  • Acres Range: < 0.5
  • Basement: Walk-Up Access, Partial, Partially Finished, Sump Pump
  • Built in: 1915
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Driveway Parking: Private Drive Triple+ Wide
  • Exterior Features: Year Round Living
  • Floor Space (approx): 2005 Square Feet
  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Laundry Features: Coin Operated, Common Area
  • Lot Depth: 99.5 Feet
  • Lot Features: Rectangular, Ample Parking, City Lot, Public Parking, Public Transit, Shopping Nearby
  • Lot Frontage: 42.00 Feet
  • Other Structures: Shed(s)
  • Parking Features: Gravel
  • Road Frontage Type: Municipal Road
  • Roof: Asphalt Shing
  • Security Features: Carbon Monoxide Detector, Carbon Monoxide Detector(s), Security System
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: R3
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 3

Courtesy of: Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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Market Price Trends

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Location of 53 Elgin Street, Orillia, ON, L3V 1S1

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

33 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

33 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 53 Elgin Street , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 33 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.8℃

# Hot Days Per Year

Past
7
2050
33

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

65/100

Moderate-High

ClimateCheck®

Current data

This property, 53 Elgin Street , experiences 11 significant 2-day storms per year, with about 316.4mm 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 397.8mm of precipitation per year.

Precipitation Per Storm

Past
316.4mm
2050
397.8mm

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 53 Elgin Street, Orillia, ON, L3V 1S1

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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