3 Lakeview Avenue

Welcome to 3 Lakeview Avenue, Orillia, a splendid multi-family home for sale in Orillia that’s perfect for those looking for a fantastic investment opportunity or a place for multi-generational living. This well-maintained bungalow-raised multiplex is nestled in the heart of Orillia, in the lovely Simcoe area, and boasts two self-contained two-bedroom units. Each unit offers a bright and airy living space, complete with a full bathroom and an eat-in kitchen, making it an ideal choice for comfortable living.

The lower unit at 3 Lakeview Avenue, Orillia has been recently renovated, showcasing durable vinyl flooring that not only looks great but is also easy to maintain. Currently vacant, this unit is perfect for owner-occupancy or for those looking to rent it out immediately. Meanwhile, the upper unit is tenanted, providing instant income potential for savvy investors. With two bedrooms in each unit, this multi-family home for sale in Orillia is designed to accommodate various living arrangements, whether you’re a family looking for extra space or an investor seeking reliable rental income.

Built between 16 to 30 years ago, this charming property features a lovely brick front and vinyl siding, giving it a modern yet classic appeal. The building is equipped with a metal roof and forced-air gas heating, ensuring warmth and comfort throughout the colder months. Although there’s no air conditioning or central vacuum system, the layout and design of the home make it a cosy retreat.

As you explore the features of this multi-family home for sale in Orillia, you’ll appreciate the full, finished basement that houses an additional kitchen, making it even more versatile for various living situations. The total of six rooms, including two dens, offers ample space for everyone. While there’s no family room or fireplace, the living areas are bright and welcoming, perfect for gathering with family or friends.

Set on a generous 50 x 127 ft lot, this property is zoned R2, allowing for a variety of uses. The fenced backyard provides a private outdoor space, ideal for relaxing or entertaining. There’s also a convenient detached shed for extra storage, which is always a bonus. The private double driveway accommodates up to four vehicles, ensuring that parking is never an issue for residents or guests.

Location is key, and 3 Lakeview Avenue, Orillia does not disappoint. Situated close to schools and bus routes, this multi-family home for sale in Orillia is perfect for families or individuals who rely on public transport. The community of Orillia is known for its friendly atmosphere and vibrant local amenities, making it a desirable place to live.

Whether you’re a first-time buyer looking for mortgage assistance or an investor searching for a property with great potential, this multi-family home for sale in Orillia is a must-see. With one unit currently rented and the other vacant, you have the flexibility to move in or start generating income right away.

In summary, 3 Lakeview Avenue, Orillia is a fantastic opportunity that combines comfort, functionality, and potential for income. With its attractive features, spacious layout, and prime location, this multi-family home for sale in Orillia is sure to appeal to a wide range of buyers. Don’t miss out on the chance to make this property your own or to add it to your investment portfolio!

Orillia, nestled between the picturesque shores of Lake Couchiching and Lake Simcoe in Ontario, is a charming city that boasts a vibrant mix of natural beauty and urban amenities. Known for its scenic waterfront, lush parks, and recreational opportunities, Orillia offers residents a tranquil yet engaging lifestyle. The city's rich cultural heritage is reflected in its historic architecture and lively arts scene, including the renowned Orillia Opera House. With a strong sense of community spirit, various local events, and easy access to outdoor activities such as boating, fishing, and hiking, Orillia presents an inviting environment for those seeking a balanced life amidst stunning landscapes.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Harriett Todd Public School, just 0.1 km away, offering both English and French programs for grades JK to 8, with a solid rating of 5.5. Another nearby option is Twin Lakes Secondary School, located 0.4 km from the property, which serves grades 9 to 12 and also has a rating of 5.1. For families interested in French-language education, Harriett Todd offers a French program for grades 1 to 4, while Regent Park Public School, 2.7 km away, provides French education for grades 5 to 8, albeit with a lower rating of 1.3. Additionally, Notre Dame Catholic School and Patrick Fogarty Catholic Secondary School, both offering Catholic education, are located slightly further at 2.9 km and 3.3 km, respectively, but currently have a rating of 0. Overall, the area boasts a mix of public and Catholic schools, providing diverse educational options for children at various grade levels.