110 Mary Street

Description

This fully renovated legal duplex, gutted and updated from top to bottom in 2021-2022, offers modern, high-end finishes and a solid investment opportunity in the rapidly growing city of Orillia. With two fully separate units, this property is ideal for rentals, or multi-generational living, especially with the nearby university and the thriving local market. Both apartments will be vacant, or the option is available for two students to stay (or go) a flexible situation to suit your needs! Key updates include a 200-amp electrical system with two separate meters, two furnaces, and two air conditioning units (one for each level), ensuring ultimate comfort for both units. A brand-new 50-gallon gas water tank was installed in January 2025, and a new sewer line was replaced in November 2024. The home is fire-coded for safety and peace of mind, with copper wiring and PEX plumbing throughout. Both units come with all-new appliances (installed in 2022), including refrigerators, electric induction stoves, microwaves with fans, and environmentally-friendly washer/dryer units, the lower unit boasts a dishwasher. The lower unit also features a cozy gas fireplace. The upper unit has two spacious bedrooms, while the lower unit offers two bedrooms plus a flexible Living Room space perfect for an office, extra bedroom, or creative use. Located in a growing community, this property offers the potential for high rental income, with easy access to local amenities and the university. This is an incredible opportunity to own a fully updated, turn-key, legal duplex in Orillia! **EXTRAS** Yearly Utility Costs: Water $951, Hydro Lower unit $1057.54, Hydro Upper Apartment $945, Enbridge $2,558.71