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671 DRIFTWOOD Road Orillia

671 DRIFTWOOD Road, Orillia

$579,000

  • 5
  • 3
1,270 Square Feet
Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Here’s your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillia’s fastest-growing areas. Top 5 Reasons You’ll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bath—ideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillia’s real estate market and secure your future cash flow and growth. Contact today to book a showing and take the next step toward securing your financial future! (id:45839)
  • Listing ID: 40641886
  • Property Type: Multi-family
  • Year Built: 1940
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Details

  • Amenities Nearby: Marina, Park, Public Transit, Shopping
  • Features: Crushed stone driveway
  • Ownership: Freehold
  • Parking Spaces: 5
  • Transaction: For sale
  • Zoning Description: R2i

Building

  • BasementType: None
  • Constructed Date: 1940
  • Cooling: None
  • Exterior Finish: Vinyl siding
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 3
  • Heating: Baseboard heaters, Forced air
  • Size Interior: 1270 sqft
  • Stories Total: 2
  • Type: Duplex
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Marina, Park, Public Transit, Shopping
  • Sewer: Municipal sewage system
  • Size Depth: 68 ft
  • Size Frontage: 50 ft

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    Looking for more information or to schedule a showing? Contact Christine Smith today.

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    This property for sale is located at 671 DRIFTWOOD Road in Orillia. It was last modified on September 17th, 2024. Contact Christine Smith to schedule a viewing or to discover other Orillia properties for sale.

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