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Mathan Markandu

mathan.markandu@century21.ca +1(416) 888-5730

$ 749,000

Est. payment -/mo

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Active

110 Mary ST Orillia, ON L3V 3E2

4 Beds

3 Baths

UPDATED:

02/13/2025 11:25 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Orillia

MLS Listing ID S11961946

Style 2-Storey

Bedrooms 4

Annual Tax Amount $5,692

Tax Year 2024

Property Sub-Type Duplex

Property Description

This fully renovated legal duplex, gutted and updated from top to bottom in 2021-2022, offers modern, high-end finishes and a solid investment opportunity in the rapidly growing city of Orillia. With two fully separate units, this property is ideal for rentals, especially with the nearby university and the thriving local market. Both apartments will be vacant, or the option is available for two students to stay (or go) a flexible situation to suit your needs! Key updates include a 200-amp electrical system with two separate meters, two furnaces, and two air conditioning units (one for each level), ensuring ultimate comfort for both units. A brand-new 50-gallon gas water tank was installed in January 2025, and a new sewer line was replaced in November 2024. The home is fire-coded for safety and peace of mind, with copper wiring and PEX plumbing throughout. Both units come with all-new appliances (installed in 2022), including refrigerators, electric induction stoves, microwaves with fans, and environmentally-friendly washer/dryer units, the lower unit boasts a dishwasher. The lower unit also features a cozy gas fireplace. The upper unit has two spacious bedrooms, while the lower unit offers two bedrooms plus a flexible Living Room space perfect for an office, extra bedroom, or creative use. Located in a growing community, this property offers the potential for high rental income, with easy access to local amenities and the university. This is an incredible opportunity to own a fully updated, turn-key, legal duplex in Orillia! **EXTRAS** Yearly Utility Costs: Water $951, Hydro Lower unit $1057.54, Hydro Upper Apartment $945, Enbridge $2,558.71

Location

State ON

County Simcoe

Community Orillia

Area Simcoe

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 2

Interior

Interior Features Carpet Free, Separate Hydro Meter, Upgraded Insulation, Water Heater Owned

Cooling Central Air

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Gas

Exterior

Exterior Feature Porch

Parking Features Private

Pool None

Roof Type Metal

Lot Frontage 50.79

Lot Depth 103.75

Total Parking Spaces 6

Building

Foundation Stone

Others

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Listed by CENTURY 21 B.J. ROTH REALTY LTD.

Mathan Markandu

Broker | License ID: 9529057

+1(416) 888-5730

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Mathan Markandu

110 Mary ST Orillia, ON L3V 3E2

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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110 Mary ST