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Listed by Sue Nori • One Percent Realty Ltd. Brokerage

$649,900

Est. payment - /mo

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4 Beds

2 Baths

1,177 SqFt

Active

55 Fittons Road E Orillia, ON L3V 2J2

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Mico Radulovic

[email protected] +1(519) 722-3434

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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

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Mico Radulovic

Real Estate Broker

+1(519) 722-3434

55 Fittons Road E Orillia, ON L3V 2J2

Mico Radulovic

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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55 Fittons Road E