| Harvey Street, Orillia, Ontario
Offer Date: FIRST COME FIRST SERVE
Closing Date: May 29th, 2023
*The seller has the option to extend closing to June 5, 2023 given notice is provided by May 22, 2023 to the buyer*
** Realtors bring us a client and add your commission on top of the purchase price**
About the Property
Attention investors looking for a spring project! This structurally sound 1.5 storey home has loads of potential and is in need of a cosmetic renovation to bring it back to its glory! The upper floor contains 2 bedroom 1 bathroom and on the main floor there is 1 bathroom. The basement is mostly a crawl space that is accessible from the outside. There is a small part of the basement that is home to the water softener and HWT that is about 5.5-6ft in height. The property has been very well kept (specifically the main floor) and there is a lot that can be salvaged, specifically the roof (2020), utilities (all replaced in 2018) and kitchen. This property is perfect for an investor looking for a spring fix and flip or rental in Orillia.
About the Neighbourhood
The subject property is situated in a good neighbourhood in Orillia. Orillia is located about 30 minutes North from Barrie and about an hour and a half from the GTA. Orillia is close to many beaches and trails making it an attractive market for a short term rental. The subject property is close to countless amenities including; Shoppers Drug Mart, LCBO, Gas Stations, Tim Hortons, Zehrs, Starbucks, Subway, and much more.
Property Details
- Detached 1.5 Storey House
- 2 bedrooms
- 2 bathrooms
- 1 full bathroom
- 1 half bathroom
- 1442 total sqft
- Built in 1920
- Crawl Space
- Moisture in the unfinished area
- Breaker panel, copper wiring
- Copper plumbing with some cast iron
- No furnace
- Two fireplaces used for heating and are natural gas
- HWT is a rental and was replaced in 2018
- No A/C
- The water softener and water filtration system were redone in 2020
- Roof was redone in 2020
- Windows are about 20+ years
- Stone foundation
- 3-4 parking spots
- Property taxes are $1286
- Lot size is 60ftx109ft
- Zoning R2
Recommended Renovations
- Full cosmetic renovation
- Remove the popcorn ceiling
- Consider sanding and staining the deck
- The seller has the option to leave junk behind so we would recommend budgeting for junk removal
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