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$ 989,000
Est. payment /mo
New
240 Clayborne PL Orillia, ON L3V 1M5
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision Orillia
MLS Listing ID S14088928
Style 2-Storey
Bedrooms 6
Annual Tax Amount $5,516
Tax Year 2025
Property Sub-Type Fourplex
Property Description
An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Family Room No
Basement Crawl Space
Kitchen 4
Interior
Interior Features Separate Hydro Meter
Heating Yes
Cooling None
Fireplace No
Heat Source Electric
Exterior
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 30.62
Lot Depth 107.65
Total Parking Spaces 6
Building
Lot Description Irregular Lot
Foundation Slab
Others
ParcelsYN Yes
Listed by CENTURY 21 B.J. ROTH REALTY LTD.
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