21
$859,900 Sale
Listed 25 days ago
66 Nottawasaga Street
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· 4
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Listing History
Buy/Sell/Terminated/Expired listing history for 66 Nottawasaga Street
Key Facts
Key facts for 66 Nottawasaga Street
Property Type
Commercial
Parking
Outside/Surface
MLS #
S13797516
Size
-
Basement
-
Listed on
2026-09-17
Lot size
35 x 130.0
Tax
$4,686.99 /yr
Days on Market
26
Approximate Age
-
Maintenance Fee
-
Description
7.3% cap. Most fourplexes that come up need something: units to renovate, rents to catch up, or a hydro bill you inherit. This one needs none of it. All four units are renovated, leased, and separately metered, so tenants carry their own power and your operating exposure stays where you can predict ...it. The quality of the finishes is why it leases the way it does. Units get picked up quickly and no more vacancy, which is the difference between a building that runs itself and one that runs you. The capital cycle is finished. Roof 2019. High-efficiency furnaces and attic insulation 2020. Roof and eave heating cables 2021. Concrete collar, upper-level siding and storage shed 2022. Paved parking and main-floor air conditioning 2023. Water heater owned, not rented. Solid brick construction, zoned Fourplex, with four parking spaces, shared basement laundry and private entrances for the main-floor units. The businesses of Downtown Orillia, waterfront boardwalk, scenic trails and Lakehead University are all a walk away, which is what keeps the tenant pool deep and the units full.
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Courtesy of: Real Broker Ontario Ltd.