90 Coldwater RD W new Save Request In-Person Tour Request Virtual Tour
Simcoe,ON L3V 5L5
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Orillia
MLS Listing ID S12487850
Style 2 1/2 Storey
Bedrooms 6
Annual Tax Amount $3,538
Tax Year 2025
Property Sub-Type Duplex
Property Description
Income! Income! Income! Legal Duplex - Vacant & Ready to Go! Attention investors and first-time buyers! Here's your chance to own a beautifully renovated legal duplex, completely gutted and rebuilt from the inside out. This impressive property spans two and a half stories and offers incredible flexibility-live in one unit while the other helps pay the mortgage, or lease out both for a strong investment return.Each unit features 3 spacious bedrooms, with the lower level easily convertible into an in-law suite for even more versatility. The home is fully equipped with three separate 100-amp electrical meters-one for each floor.Located in the heart of Orillia, this property sits across from beautiful Victoria Park, with public transportation right at your doorstep. Enjoy the best of city living with restaurants, grocery stores, pharmacy, hospital, library, beach, and waterfront all within walking distance. The area is known for its vibrant community, hosting festivals, local events, and markets throughout the year both downtown and along the waterfront.Relax on the second-floor deck or take comfort knowing the entire home has been rebuilt to meet the newest fire codes, including fire-rated plumbing.Upgrades include:Brand new furnace (2025)Nearly all new windows (2025) except for the charming stained-glass features Roof (approx. 2018)Don't miss this spectacular investment opportunity in a prime central location-a perfect blend of modern updates, income potential, and timeless character!
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Rooms
Family Room No
Basement Finished,Separate Entrance
Kitchen 3
Separate Den/Office 1
Interior
Interior Features Separate Hydro Meter,Sump Pump
Cooling None
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Deck,Porch
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 40.99
Lot Depth 81.99
Total Parking Spaces 4
Building
Building Age 100+
Unit Features Beach,Hospital,Library,Park,Public Transit,School
Foundation Poured Concrete
Others
Security Features Carbon Monoxide Detectors,Smoke Detector
ParcelsYN No