12-Unit Apartment Building In Prime Orillia Location For Sale

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12-Unit Apartment Building In Prime Orillia Location For Sale - Fully Occupied!

12-Unit Apartment Building In Prime Orillia Location For Sale - Fully Occupied!

For Sale $ inquire
LOCATION: Orillia Ontario Canada
CATEGORY: Commercial Real Estate
INDUSTRY: Apartment Buildings for Sale | Commercial Buildings for Sale or Lease | Commercial Spaces for Sale or Lease | Industrial Buildings for Sale or Lease | Industrial Units for Sale or Rent
LISTING TYPE: Apartment Buildings for Sale | Income Properties for Sale | Income Properties for Sale | Income Properties for Sale | Income Properties for Sale | Income Properties for Sale | Multiplex for Sale

Property Highlights

Fully occupied apartment building with quality tenants
Strong rental upside through rental rate increases
On-site parking and coin laundry
Well maintained building with capital improvements made in each unit

Located at 14 Elgin Street, Orillia, this well-maintained 12-unit apartment building offers 6 one-bedroom and 6 bachelor apartments, plus on-site laundry. With 7 parking spaces and commercial/residential zoning, it presents excellent income potential and future development flexibility. Just minutes from Orillia’s historic downtown, including public transit, grocery stores, and recreation centre, this property is perfectly situated to attract quality tenants. Strong rental upside makes this a great investment opportunity in a growing area.