55 Fittons Road E

Welcome to this fantastic house for sale in Orillia , located at 55 Fittons Road E E, Orillia. This semi-detached backsplitted property is a city-approved legal duplex, making it an ideal choice for investors, multi-generational families, or those looking to offset their mortgage costs with rental income. With two self-contained, move-in ready units, each with private entrances, this house offers a unique opportunity in a high-demand rental area.

The exterior of the house is constructed from solid brick and features a durable metal roof, which was installed in 2017. This home is designed to provide immediate cash flow, thanks to its strategic location and the desirability of the community of Orillia. The upper unit boasts three spacious bedrooms, an updated three-piece bathroom, and a full kitchen that opens into a bright and airy living and dining space. The lower unit, equally charming, features one bedroom, a three-piece bathroom, and large above-grade windows that allow natural light to flood the efficient kitchen and cosy living/eating area.

Both units have been freshly painted in calming neutral tones, creating a welcoming atmosphere for any potential tenant or homeowner. Recent updates to the kitchens, bathrooms, flooring, doors, and trim ensure that this house for sale in Orillia is not only aesthetically pleasing but also functional. With a total of 11 rooms, including two kitchens, this property is well-equipped to cater to a variety of living arrangements.

In terms of comfort, the house is fitted with a forced-air gas furnace and central air conditioning, ensuring a pleasant environment year-round. While there is no family room or central vacuum system, the layout of the home allows for ample space and functionality. The property also features a separate entrance to the basement, which can serve as an additional apartment, further enhancing its rental potential.

Parking is never an issue here, as the private driveway accommodates up to four vehicles, and there is a covered carport for added convenience. The fully fenced backyard offers a peaceful retreat, backing onto the serene Couchiching Golf Course. This not only provides stunning green views but also ensures added privacy and the occasional sighting of local wildlife, making it a lovely spot to unwind.

For those considering the investment potential, the projected rental income for the upper three-bedroom unit is approximately £1,800 to £2,200 per month, while the lower one-bedroom unit could bring in around £1,200 to £1,600 per month. This translates to a total gross income of approximately £3,000 to £3,800 per month, or an impressive £36,000 to £45,000 annually. Such figures highlight the attractiveness of this house for sale in Orillia, particularly for investors looking for a reliable source of income.

Location is key, and this property does not disappoint. Just a mere seven minutes from downtown Orillia and the marina, and only 15 minutes from Casino Rama, residents will enjoy easy access to a variety of amenities. Additionally, two ski resorts are within a 30-minute drive, making this an ideal location for year-round recreation. The community of Orillia is known for its beautiful beaches, vibrant festivals, and diverse dining options, all of which are just a stone's throw away from your doorstep.

In conclusion, this house for sale in Orillia at 55 Fittons Road E E, Orillia, presents a rare opportunity to secure a hands-off investment with excellent returns or to enjoy home ownership with a built-in income stream. Don't miss out on this unique chance—view the 3D tour and slideshow, and then book your showing today!

Orillia, nestled in the heart of Ontario, is a charming city renowned for its picturesque lakes and vibrant cultural scene. Situated between Lake Simcoe and Lake Couchiching, it offers a delightful blend of natural beauty and urban amenities. The community is characterised by its scenic waterfront, lush parks, and a rich history that is reflected in its well-preserved architecture. With a variety of recreational activities, including boating, fishing, and hiking, residents enjoy an active outdoor lifestyle. Additionally, Orillia hosts numerous festivals and events throughout the year, fostering a strong sense of community spirit. Whether you're drawn by the tranquil surroundings or the lively arts scene, Orillia presents a welcoming environment for all who choose to call it home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs for families. Just 0.3 km away is Couchiching Heights Public School, an elementary school offering grades JK to 8 with a solid school rating of 5.8. Monsignor Lee Catholic School, also nearby at 0.4 km, provides a Catholic education for grades JK to 8. For secondary education, Orillia Secondary School is located 1.6 km from the property, serving grades 9 to 12 with a rating of 5.7. Additionally, Patrick Fogarty Catholic Secondary School is only 0.5 km away, offering a Catholic curriculum for grades 9 to 12. Other nearby schools include Harriett Todd Public School and Regent Park Public School, which provide elementary education in both English and French, although Regent Park has a lower rating of 1.3. Twin Lakes Secondary School is also within a 3.5 km radius, catering to grade 9 students. Overall, this area offers a variety of public and Catholic schooling options, making it an attractive choice for families seeking quality education for their children.