8278 11 Highway Severn, Ontario L3V 6H3

None Heat Pump Acreage


Check this one out! Could be the Investment Or Life Style choice you have been waiting for. Investment rental property Or perfect as a 'Live and work' location. Moments to downtown Orillia. Here you will find a 3 bedroom house and 10 X bachelor units. Purposely built as a motel business with owners residence, however currently all 11 residential spaces are monthly rentals, most with long term tenants. Convenient highway access with easy on / off, with overpass steps away. In area of residential and commercial mix. Recent improvements include: Boiler heat system 2015; septic system 2010; storage shed 2019; created an on-site laundry area; water softener system; most units with back doors to access their private patios; beginning interlocking brick patio 2020 for common use of all tenants. Low maintenance, all brick building with efficient utilities costs. Nice property with small creek at back. Excellent income property however current Income could easily be increased by raising the rents for each unit as current Tenants move out since current rents are lower than local market rates. Seller motivated, will consider all reasonable Offers. (id:41709)



Property Details

MLS® Number 40037174
Property Type Other
Communication Type High Speed Internet
Features Paved Driveway, Shared Driveway
Parking Space Total 15


Basement Type None
Construction Material Concrete Block, Concrete Walls
Cooling Type None
Exterior Finish Concrete, Vinyl Siding
Fire Protection Unknown
Fireplace Present No
Fixture Ceiling Fans
Flooring Type Ceramic, Laminate, Linoleum
Heating Type Heat Pump
Stories Total 1
Size Interior 3509
Utility Water Dug Well, Well




Access Type Road Access, Highway Access, Highway Nearby
Acreage Yes
Sewer Septic System
Size Frontage 413 Ft
Size Irregular 1.8
Size Total 1.8 Ac|1/2 - 1.99 Acres
Size Total Text 1.8 Ac|1/2 - 1.99 Acres
Zoning Description Commercial


DSL* Available
Electricity Available
Telephone Available



Contact us for more information

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Erna Collins

(705) 323-3968

Century 21 B.j. Roth Realty Ltd. Brokerage
450 West St North, Unit C
Orillia, Ontario

(705) 326-2100

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