Michael J Preston

Michael J Preston

Broker of Record

Lakeview Realty, Inc., Brokerage

Mobile:
705 309 1747
Office:
(705) 325-3600
Email Me
Michael J Preston

Michael J Preston

Broker of Record

Lakeview Realty, Inc., Brokerage

Mobile:
705 309 1747
Office:
(705) 325-3600
Email Me

Properties | Page 1

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  • $875,000
    City:
    Sebright
    Postal Code:
    L0K1W0
    Bedrooms:
    9
    Bathrooms:
    4

    Growth Opportunity in Ramara Township Bordering Kawartha Lakes! Located at the corner of Monk Rd and Rama Dalton Boundary Rd, this property offers exceptional exposure for your business. Enjoy the convenience of living and working in the same location, with a potential annual positive cash flow of $9,000 with 100% financing at a 5.5% mortgage interest rate over a 30-year amortization. The owner is willing to consider a second mortgage take-back for qualified buyers. This mixed-use property is currently zoned for both commercial and residential use, offering significant upside potential. The property is a commercial residential duplex with four income-generating units, a coin laundry room, a large rented garage, and outdoor parking lot storage. Additionally, there is a large green space for both commercial and residential tenants to enjoy. Recent extensive upgrades relieve the pressure on the new buyer, including a new roof, siding, windows, fascia, soffit, and gutters. All residential units have been upgraded in the past two years, with three units featuring new kitchens, flooring, lighting, bathroom fixtures, and fresh paint. This property consistently generates income with ample room for expansion. There is potential to add storage rental units, a commercial building/shop, or additional residential units. (id:5706)

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  • $589,900
    City:
    Orillia
    Postal Code:
    L3V4W4
    Bedrooms:
    1 + 1
    Bathrooms:
    2

    Discover the perfect blend of comfort and convenience in this spacious one bedroom plus den condo, located in the heart of historic downtown Orillia. With 1,013 square feet of well-designed living space, numerous tasteful upgrades in this 3rd-floor unit offers a peaceful retreat with a quiet alley view, providing a serene atmosphere just steps away from the vibrant lakeside and downtown amenities. Ideal for retirees seeking a quieter pace without sacrificing proximity to the GTA, this condo is a short walk from Lake Couchiching, parks, boutique shops, and dining options. Enjoy modern features, including a stylish kitchen with upgraded trim, cabinets & countertops, a cozy den, and in-suite laundry. Experience the best of Orillia’s growing community from your new home at Matchedash Lofts. (id:5706)

  • $579,000
    City:
    Orillia
    Postal Code:
    L3V6L7
    Bedrooms:
    2 + 1
    Bathrooms:
    2

    Welcome to this delightful raised bungalow that has been lovingly cared for. This home features two generous bedrooms on the main floor, a spacious eat-in kitchen, a large living room, and a 4-piece bathroom. The fully developed lower level boasts plenty of natural light, a third bedroom, a large family room with space for a second kitchen at one end, a 3-piece bathroom, a storage area, and a laundry room with potential to develop a fourth bedroom. Step outside to the large deck off the main floor kitchen, which includes a covered section that could easily be screened in. The backyard offers plenty of room for family fun and space for gardens as well as an existing shed for additional storage and a single-car driveway. Enjoy the convenience of living just a few doors down from a beautiful beachside park. The park features ball diamonds, soccer fields, swings, and other amenities perfect for an active family. Don't miss the opportunity to make this charming home your own! (id:5706)

  • $449,900
    City:
    Orillia
    Postal Code:
    L3V4R3
    Bedrooms:
    2
    Bathrooms:
    2

    Welcome to this charming two-story home nestled in the heart of a lakeside community, offering a perfect blend of old-world charm and modern upgrades. Situated in the central Orillia lakeside neighborhood, this property presents an excellent investment opportunity, especially with its proximity to a luxury town development nearing completion. Just a short stroll away, you'll find yourself at Couchiching Beach Park, where recreational amenities like the Lightfoot Trail await. Venture a block further along the lakeside, and you'll discover the local Legion and the bustling Main Street Orillia shopping district. From both levels of the home, enjoy glimpses of Lake Couchiching, adding to the allure of the location. Inside, the home has undergone significant updates, including a new 4-piece bathroom, refreshed drywall and trim, interior and exterior paint, upgraded electrical fixtures, and new flooring in the kitchen and bathrooms. A convenient addition is the new main floor two-piece bathroom. The kitchen boasts updated cabinets, complemented by a new electrical ground fault breaker and thermopane windows throughout, featuring aluminum window capping. Other recent improvements include new roof shingles, a forced air natural gas system, a hot water tank, and a spacious 12' x 12' deck. With low utility overheads and maintenance costs projected for years to come, this property offers a compelling proposition. At its current price point, there's ample room for further investment, ensuring competitiveness with new developments in the area. For instance, there's potential for a future build of a double garage with a second-story apartment, offering strong income prospects. Additionally, the main floor presents the opportunity for a master bedroom within the existing footprint, all at a reasonable cost. (id:5706)

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