115 Coldwater Rd W

Orillia, Orillia, L3V 3L5
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115 Coldwater Rd W, Orillia
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
S4066556
MLSID
Contact Us
Property Description
Unique Investment Opportunity To Own A Well Maintained Purpose Built 6 Plex. Centrally Located On Bus Route, Close To Downtown, Shopping, Schools, Hospital And Victoria Park. 6-2 Bedroom Units With 1-1/2 Baths, On Two Levels, Each With Separate Laundry Room Hookup. Separate Meters Per Unit, Tenant Pays Utilities. 13 Parking Spaces.
Extras
Each Unit Is Very Similar: Internal Apartment Size 27 X 18 Feet (486 Sq Ft Per Floor) X 2 = 972 Sq Ft In Total Per Unit. End Units Are Larger Than The Two Center Units, 2 And 5.
Property Features
Hospital, Place Of Worship, Public Transit, School
Property Details
Community
Property Type
Multiplex, Other
Lot Size
86' x 198'
Fronting
North
Taxes
$9,500 (2017)
Basement
Finished, Full
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Wall Unit
Water
Municipal
Parking Spaces
13
Driveway
Other
Garage Type
None
Orillia Market Statistics
Orillia Price Trend
115 Coldwater Rd W is a 2-bedroom 1-bathroom home listed for sale at $1,300,000, which is $648,000 (99.4%) higher than the average sold price of $652,000 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 2 bedroom home in Orillia declined by $23,000 (3.4%) compared to the previous 30 day period (March 9 - April 7) and up $207,000 (46.5%) from the same time one year ago.
Inventory Change
There were 9 2-bedroom homes listed in Orillia over the last 30 days (April 8 - May 7), which is down 18.2% compared with the previous 30 day period (March 9 - April 7) and down 18.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Orillia typically sold ($4,000) (0.6%) below asking price over the last 30 days (April 8 - May 7), which represents a $10,000 increase compared to the previous 30 day period (March 9 - April 7) and ($4,000) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Orillia over the last 30 days (April 8 - May 7) stood at 55.6%, up from 18.2% over the previous 30 days (March 9 - April 7) and up from 27.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Orillia stood at 22 days when successfully sold over the last 30 days (April 8 - May 7), compared to 55 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 B.J. Roth Realty Ltd., Brokerage
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