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21 Matchedash Street S Unit# 309 Orillia, Ontario L3V 4W4

2 Bedroom 2 Bathroom 1015 sqft
Central Air Conditioning, Wall Unit Forced Air, Heat Pump

$589,900

Maintenance, Insurance, Property Management, Parking

$454.40 Monthly

Your Investment Opportunity Awaits! This unit is a perfect choice for new investors, offering a low-risk opportunity to enter the real estate market with immediate positive cash flow and long-term capital gain potential. As the saying goes: Don’t wait to buy real estate—buy real estate and wait! Key Details: 18-Month Lease: Secure lease in place starting January 1, 2025, ensuring steady rental income from day one. Spacious Layout: 1-bedroom + den condo with 1,013 sq. ft. of thoughtfully designed living space. Prime Location: Nestled in the heart of historic downtown Orillia, just steps from Lake Couchiching, parks, boutique shops, and popular dining spots. Modern Upgrades: Features include an upgraded kitchen with premium trim, cabinets, and countertops, a cozy den for added versatility, and convenient in-suite laundry. Peaceful Retreat: This 3rd-floor unit offers a quiet alley view, providing serenity while remaining close to vibrant lakeside activities and downtown amenities. This property is not only ideal for investors but also for homeowners planning a transition. With the 18-month lease in place, you can secure this desirable condo now, sell your current home at your convenience, and enjoy peace of mind knowing your investment is already working for you. Who This Condo Suits Best: Investors: Looking for a turnkey rental property with strong long-term potential. Homeowners-to-be: Purchase now while prices are favorable, and take your time selling your current home before moving in. Retirees: Enjoy a quiet, modern retreat close to the GTA while experiencing Orillia's growing and vibrant community. Don't miss this opportunity to own in the sought-after Matchedash Lofts! PLEASE NOTE: Buyer must assume the existing leasehold tenant until June 30, 2026. (id:50886)

Property Details

MLS® Number 40641471
Property Type Single Family
AmenitiesNearBy Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping, Ski Area
CommunicationType Fiber
CommunityFeatures Quiet Area, School Bus
EquipmentType None
Features Corner Site, Balcony, Automatic Garage Door Opener
ParkingSpaceTotal 1
RentalEquipmentType None
StorageType Locker

Building

BathroomTotal 2
BedroomsAboveGround 1
BedroomsBelowGround 1
BedroomsTotal 2
BasementType None
ConstructedDate 2021
ConstructionStyleAttachment Attached
CoolingType Central Air Conditioning, Wall Unit
ExteriorFinish Brick, Brick Veneer, Concrete, Steel
FireProtection Smoke Detectors, Alarm System, Security System
FoundationType Piled
HeatingType Forced Air, Heat Pump
StoriesTotal 1
SizeInterior 1015 Sqft
Type Apartment
UtilityWater Municipal Water

Parking

Underground
None

Land

AccessType Road Access
Acreage No
LandAmenities Hospital, Park, Place Of Worship, Public Transit, Schools, Shopping, Ski Area
Sewer Municipal Sewage System
SizeTotalText Unknown
ZoningDescription C1-1

Rooms

Level Type Dimensions
Main Level Laundry Room 8' x 8'
Main Level 4pc Bathroom 7' x 4'9''
Main Level Full Bathroom 9' x 4'9''
Main Level Primary Bedroom 11'8'' x 10'2''
Main Level Den 13'2'' x 9'6''
Main Level Living Room/dining Room 18' x 15'7''
Main Level Eat In Kitchen 12' x 12'
Upper Level Other 25' x 20'

Utilities

Electricity Available

https://www.realtor.ca/real-estate/27367945/21-matchedash-street-s-unit-309-orillia

Interested?

Contact us for more information


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Michael John Preston
Broker of Record


Lakeview Realty Inc., Brokerage, Orillia

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