For Sale · Retail

97 LACLIE STREET W, Orillia

97 LACLIE STREET W, Orillia, ON L3V4W9

$699,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

96%

About this property

Great investment opportunity. C1 zoning allows different types of business at this Immaculate House Located In The Prime Orillia Area. Perfect for families, professionals or investors. Walking Distance To Couchiching Beach, Marina, Downtown, Shoppes, Parks. Totally Renovated With over $350K Invested: Stucco, Windows, Doors, Hardwood Floor, Tile Floor in the Kitchen and Solarium , Professionally Done Waterproofed Finished Basement. 4 Season Heated Porch(Solarium) Just Extended In Front Of The House With Building Permit, could be used as the Office. Custom Made Spacious And Multifunctional Kitchen Equipped With Gas Stove, B/I Microwave, Backsplash, Under-cabinet lights, Day/Night Blinds. B/I Electrical Fireplace in the Living room Is For Your Pleasure and Enjoyment.9,5 High Ceilings On Both Floors with Magnificent Light Fixtures. New Roof, eavestroughs and soffits-2024.Air Conditioner -2026. Modern Spacious Deck Built With A Lifetime Composite Material. Newly Installed Interlock: Patio, 6 parking spots Driveway. Garden Shed. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$699K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$45K

Annual cash flow

$6K

Cash-on-cash

3.09%

DSCR

1.17

Going-in cap

6.47%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

70,448

Households

29,954

Median income

$94,500

Median age

45.9

Daytime population

99,470

5-yr growth

3.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 97 LACLIE STREET W, Orillia.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.