55 Fittons Road E Active Save Request In-Person Tour Request Virtual Tour
Orillia,ON L3V 2J2
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,177 sqft
Price per Sqft $552
MLS Listing ID 40741635
Style Backsplit
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 1,820
Year Built 1973
Annual Tax Amount $3,192
Lot Size 7,013 Sqft
Acres 0.161
Property Sub-Type Single Family Residence
Source Barrie
Property Description
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 $40,800 - 49,200/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!
Location
Province ON
County Simcoe County
Area Orillia
Zoning R2
Direction Laclie St N, to Fittons Rd E
Rooms
Basement Separate Entrance,Full,Finished
Bedroom 2 3
Kitchen 2
Interior
Interior Features Ceiling Fan(s),In-Law Floorplan
Heating Forced Air,Natural Gas
Cooling Central Air
Fireplace No
Appliance Water Heater Owned,Built-in Microwave,Dishwasher,Dryer,Refrigerator,Stove,Washer
Laundry Lower Level
Exterior
Parking Features Asphalt
Fence Full
Roof Type Metal
Lot Frontage 35.0
Lot Depth 200.36
Garage No
Building
Lot Description Urban,Rectangular,Near Golf Course,Hospital,Park,Place of Worship,Public Transit,School Bus Route,Schools
Faces Laclie St N, to Fittons Rd E
Foundation Concrete Block
Sewer Sewer (Municipal)
Water Municipal
Architectural Style Backsplit
Structure Type Aluminum Siding,Brick
New Construction No
Others
Senior Community No
Tax ID 586290155
Ownership Freehold/None
Virtual Tour https://youtu.be/_l3-HfscSkw