671 Driftwood Road
$579,000
5
Beds
3
Baths
1,270
Square feet
About 671 Driftwood Road
Are you an investor seeking a cash-flowing property, or someone looking to house hack by living in one unit while renting out the other? Here’s your chance to secure a rare dual-home property that offers both positive cash flow and future appreciation in one of Orillia’s fastest-growing areas. Top 5 Reasons You’ll Love This Investment: 2 INCOME-GENERATING HOMES ON 1 LOT: This unique property includes two separate, low-maintenance homes. The main house features 3 bedrooms and 2 bathrooms, while the secondary offers 2 bedrooms and 1 bath—ideal for maximizing rental income. CASH FLOW POSITIVE FROM DAY ONE: With over $3,800 in monthly rental income potential, this property practically pays for itself, providing immediate returns on your investment. FLEXIBLE LIVING & INCOME OPTIONS: Live in one unit and rent out the other, or rent both for dual income streams. Ideal for investors and first-time buyers looking to offset mortgage costs. IMMEDIATE RENTAL OPPORTUNITY: The secondary home is vacant and ready for occupancy. Set your own rental rates or move in hassle-free. PRIME LOCATION WITH FUTURE GROWTH POTENTIAL: Just 90 minutes north of the GTA and minutes from downtown Orillia, Lake Simcoe, and Casino Rama. High-end developments nearby ensure substantial appreciation opportunities. Invest in Orillia’s real estate market and secure your future cash flow and growth. Contact today to book a showing and take the next step toward securing your financial future! (id:6289)
Features of 671 Driftwood Road
Listing # | 40641886 |
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Price | $579,000 |
Bedrooms | 5 |
Bathrooms | 3 |
Square Footage | 1,270 |
Acres | 0.00 |
Year Built | 1940 |
Type | Multi-family |
Sub-Type | Freehold |
Status | Active |
Community Information
Address | 671 Driftwood Road |
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Subdivision | East Ward |
City | Orillia |
Province | Ontario |
Postal Code | L3V1E1 |
Amenities
Amenities | Marina, Park, Public Transit, Shopping |
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Features | Crushed stone driveway |
Parking Spaces | 5 |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Baseboard heaters, Forced air |
---|---|
Cooling | None |
Fireplace | No |
# of Stories | 2 |
Has Basement | No |
Exterior
Exterior | Vinyl siding |
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Foundation | Poured Concrete |
Listing Details
Office | Royal LePage Quest Brokerage, Orillia |
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