242 FRONT Street S, Orillia, Ontario

ID#470758 | MLS# 40020426 | Listed at $449,000.00
Real Estate - Orillia -
Judy McKechnie
Broker, Certified International Property Specialis
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LEGAL, purpose built duplex, separate meters, roof re -shingled 2016, energy efficiency upgrades in 2006. R -60 insulation in attic, all windows replaced except front ones, wall heat pump air exchange for a/c . 200 amp service with separate 100 amp panels . both units have the same spacious layout- large living room and kitchens , large windows, two bedrooms ,4 piece bathrooms & in-suite laundry rooms. see floor plans. A great rental location - walking distance to trails, new rec center, Lake, Downtown, shopping and dining. If your an investor there is room to increase the income. R3 zoning. If your a First time Buyer you can Live in main floor, enjoy the private fenced back yard and rent the lower unit to help with your mortgage (lower unit has a one year lease at $1100.00 a month plus hydro)The Seller will hold a 1st mortgage for the right buyer! Ask listing agent for terms. Seller will respond to any offers on September 21st by 5 pm. Its rare for a Seller to hold a mortgage in this market, so book your showing now .To accommodate tenants the only showing times will be on Sept. 16. 4 to 6 pm, Sept 19th. 1 to 3 pm . (id:21442)
Special Features
  • Amenities Near By: Recreation, Hospital, Park, Public Transit, Schools
  • Appliances Included: Water meter
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Constructed Date: 1988
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Interior Size: 941.3000
  • Number of Stories: 1
  • Utility Water: Municipal water
  • Community Features: Community Centre
  • Equipment Type: None
  • Features: Park setting, Park/reserve, Beach, Double width or more driveway, Crushed stone driveway, Sump Pump
  • Access Type: Road access
  • Has Acreage: false
  • Land Amenities: Recreation, Hospital, Park, Public Transit, Schools
  • Fence Type: Partially fenced
  • Sewer: Municipal sewage system
  • Parking Space Total: 2
  • Rental Equipment: None
  • Zoning: R3
Property Type Residential
Building Style Duplex
Listing Type For Sale
Floor Space: 941 ft.2
Age 1988

Number of Bedrooms 0.0
Number of Bathrooms 0.0
Seller's Comments

The seller has not posted any comments at this time.

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Mortgage Information
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $22,450 2.35% 25 Years 5 YEARS VARIABLE $1,938 $71,586
10.00%  -  $44,900 2.35% 25 Years 5 YEARS VARIABLE $1,822 $68,126
20.00%  -  $89,800 2.35% 30 Years 5 YEARS VARIABLE $1,392 $55,218
Down Payment Mortgage Rate Amortization Description Payment Min. Income Required
5.00%  -  $22,450 2.69% 25 Years 5 YEARS FIXED $2,013 $73,845
10.00%  -  $44,900 2.69% 25 Years 5 YEARS FIXED $1,893 $70,251
20.00%  -  $89,800 2.79% 35 Years 5 YEARS FIXED $1,341 $53,694

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