560 West Street, Orillia, L3V 5H6

$105K/unit at a 7.8% cap rate on a massive 38,353 sq. ft. lot. Features include 25 on-site parking spots and shared laundry facilities. Built with Concrete/block construction with a pitched steel roof for long-term durability. Located steps from Lake Simcoe and just a 5-minute drive to Hwy 11 and Costco. Strong upside on rent roll in a supply-constrained rental market. Legal non conforming building.