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Maria Tompson
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$549,900
Available - For Sale
Listing ID: S13085826
Welcome to 155 Atherley Road in Orillia - an excellent opportunity for investors, first time buyers, or those looking for future development potential. This versatile property features two self-contained apartments, offering flexibility for a variety of living and income-generating arrangements. The upper unit includes 3 bedrooms, while the lower unit offers 2 spacious bedrooms-ideal for extended family living or rental income. The home has been recently painted throughout and shows exceptionally well, making it move-in ready. Additional updates include new flooring, countertops, light fixtures and more. With the property currently vacant, buyers have the rare advantage of setting their own rents or occupancy plans from day one. Projected rental income is strong, with estimates of approximately $2,100/month for the upper unit and $1,750/month for the lower unit. Whether you choose to live in one unit and rent the other, lease both units as a full investment property, or explore future redevelopment options, the possibilities here are substantial. An added highlight is the potential to create a separate entrance off Millard Street, which may allow for a duplex or 4-plex as per city zoning - further enhancing the property's income potential and long-term value (subject to municipal approvals). Located in a desirable area of Orillia close to amenities, parks, and walking distance to Tudhope Park on Couchiching Lake, this property is a smart addition to any real estate portfolio or a flexible option for homeowners seeking supplemental income. NOTE for builders: the property beside this one is also for sale. Buying both would allow for even more options for its use!
Price $549,900
Taxes: $2,585
Occupancy by: Vacant
Address: 155 ATHERLEY Road , Orillia, L3V 1N5, Simcoe
Acreage: < .50
Directions/Cross Streets: Atherley/Millard
Rooms: 5
Rooms +: 3
Bedrooms: 3
Bedrooms +: 2
Washrooms: 2
Family Room: F
Basement: Walk-Out
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 16.17 11.64
Room 2: Main Kitchen 10.00 7.97
Room 3: Main Primary B 16.07 12.00
Room 4: Main Bedroom 8.69 8.30
Room 5: Main Bedroom 8.53 8.20
Room 6: Lower Bedroom 14.10 11.38
Room 7: Lower Bedroom 14.10 8.23
Room 8: Lower Kitchen 8.86 9.18
Room 9: Lower Family Ro 12.69 7.22
No. of Pieces Level
Washroom 1 4 Main
Washroom 2 3 Basement
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 4 Main
Washroom 7 3 Basement
Washroom 8 0
Washroom 9 0
Washroom 10 0
Property Type: Duplex
Style: Bungalow-Raised
Exterior: Metal/Steel Sidi
Brick
Garage Type: Carport
(Parking/)Drive: Private Do
Drive Parking Spaces: 4
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 700-1100
Property Features: Level
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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SUTTON GROUP INCENTIVE REALTY INC.

155 ATHERLEY Road , Orillia, L3V 1N5, Simcoe

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Duplex
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style: Bungalow-Raised
Lot Size: x 191.25(Feet)
Approximate Age: 51-99
Tax: $2,585
Maintenance Fee: $0
Beds: 3+2
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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