55 Fittons Road E Orillia, Ontario L3V 2J2

4 Bedroom 2 Bathroom 1,100 - 1,500 ft2
Central Air Conditioning Forced Air

$649,900

City-approved, legal duplex offering two self-contained, move-in ready units (up/down) with private entrances - ideal for investors, multi-generational families or homeowners looking to offset mortgage costs. This brick & siding home with metal roof (2017) delivers immediate cash flow in a high-demand rental area. The upper unit features 3 bedrooms, an updated 3-pc bath (tub/shower combo), full kitchen and open-concept living/dining space. The bright lower unit offers 1 bedroom, 3-pc bath (shower), large above-grade windows, an efficient kitchen and cozy living/eating area. Both units have been freshly painted in calming neutrals & include recent updates to kitchens, baths, flooring, doors & trim. Additional features: forced-air gas furnace, central A/C, covered carport and parking for 3-4 vehicles. The fully fenced backyard backs onto the peaceful Couchiching Golf Course - offering green views, added privacy and regular wildlife sightings. Projected rental income (Orillia averages): 3-bedroom unit: approx. $2,000-2,300/month. 1-bedroom unit: approx. $1,400-1,800/month. Total gross income: approx $38,400- 51,600/year. Located just 7 minutes to downtown Orillia & the marina, 15 mins to Casino Rama and 30 mins to two ski resorts. Enjoy beaches, year-round festivals, dining and recreation at your doorstep. A rare opportunity to secure a hands-off investment with great returns - or enjoy home ownership with a healthy built-in income stream. Be sure to view the 3D tour and slideshow below, then book your showing and discover the income potential and mortgage versatility this turnkey gem truly has to offer! (id:53661)

Property Details

MLS® Number S12287132
Property Type Single Family
Community Name Orillia
Amenities Near By Public Transit, Schools, Golf Nearby
Community Features School Bus
Features Guest Suite, In-law Suite
Parking Space Total 4

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Age 51 To 99 Years
Appliances Water Heater, Water Meter, All, Dryer, Washer
Basement Features Apartment In Basement, Separate Entrance
Basement Type N/a
Construction Style Attachment Semi-detached
Construction Style Split Level Backsplit
Cooling Type Central Air Conditioning
Exterior Finish Brick, Aluminum Siding
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 1,100 - 1,500 Ft2
Type House
Utility Water Municipal Water

Parking

Carport
No Garage

Land

Acreage No
Fence Type Fenced Yard
Land Amenities Public Transit, Schools, Golf Nearby
Sewer Sanitary Sewer
Size Depth 200 Ft ,4 In
Size Frontage 35 Ft
Size Irregular 35 X 200.4 Ft
Size Total Text 35 X 200.4 Ft
Zoning Description R2

Rooms

Level Type Dimensions
Lower Level Bathroom 3.02 m x 1.22 m
Lower Level Laundry Room 3.02 m x 2.42 m
Lower Level Living Room 4.32 m x 3.9 m
Lower Level Kitchen 3.4 m x 2.67 m
Lower Level Bedroom 4 4.06 m x 2.64 m
Main Level Living Room 4.64 m x 3.96 m
Main Level Dining Room 4.64 m x 3.04 m
Main Level Kitchen 3.48 m x 3.06 m
Upper Level Primary Bedroom 4.44 m x 3.18 m
Upper Level Bedroom 2 4.59 m x 3.04 m
Upper Level Bedroom 3 3.28 m x 3.09 m
Upper Level Bathroom 2.68 m x 2.28 m

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/28610121/55-fittons-road-e-orillia-orillia

Your Favourites

 

No Favourites Found