Home › Orillia › 240 Clayborne Place
For Sale240 Clayborne Place, Orillia, ON L3V 1M5
$989,000
6
4
2500-3000
Fourplex
2-Storey
6
Baseboard
None
Crawl Space
S14088928
An excellent opportunity to start or expand your investment portfolio! Less than a five-minute drive to the waterfront, this professionally managed Orillia fourplex features four self-contained apartments, including two 2-bedroom units and two 1-bedroom units. Each suite is separately metered for hydro, with tenants paying their own electricity. Two units have been updated with refreshed interiors, while the remaining two offer potential for future improvements. Existing tenancies provide rental income from day one, with two suites currently rented below market, offering long-term income growth potential through future tenant turnover and renovations. Parking for six vehicles out front adds convenience for residents, while a generous rear yard provides outdoor space to enjoy. Whether you're purchasing your first multi-unit property or adding to an existing portfolio, this fourplex offers a compelling combination of established income, future potential and proximity to the waterfront. Income and Expenses available
This fourplex sits in Orillia, in Orillia. Orillia sits between Lake Couchiching and Lake Simcoe with a walkable downtown, a growing arts scene, and some of the region’s most approachable price points.
Browse more on our Orillia community page, or see every local listing at our listings search. Working with a Orillia real estate agent is where most moves start.
Thinking of a move of your own? We list homes across Simcoe County and beyond for a 1% listing commission with full service included. Questions about this property or the market? Contact us or call 705-722-9111.
Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD..
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