$237,000
Vacant Land For Sale! Seller Financing AvailableA great opportunity to build on a large 1/4 acre lot in a convenient Orillia location. This property offers the potential to build a triplex, making it a strong option for investors, extended families, or anyone looking for future rental income.The proposed concept includes a well-designed triplex with 9 bedrooms, plus the potential for a garden suite. Together, this could generate approximately $11,000/month in rental income, offering excellent cash flow potential.The lot also features a large, sunny, south-facing backyard with mature trees, creating a great outdoor space for future owners or tenants.Located close to shopping, restaurants, entertainment, downtown Orillia, McKinnell Square, the Orillia Rec Centre, Georgian College, local markets, breweries, parks, museums, and more. Orillia is a four-season community surrounded by lakes, trails, and recreation, making this a great mix of lifestyle and investment opportunity. (id:53889)
Property Details
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MLS® Number
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S13234824 |
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Property Type
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Vacant Land |
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Community Name
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Orillia |
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AmenitiesNearBy
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Place Of Worship, Schools, Public Transit, Hospital |
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CommunityFeatures
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Community Centre, School Bus |
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Features
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Flat Site |
Building
|
Appliances
|
Water Meter |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
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Place Of Worship, Schools, Public Transit, Hospital |
|
Sewer
|
Sanitary Sewer |
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Size Depth
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248 Ft |
|
Size Frontage
|
43 Ft |
|
Size Irregular
|
43 X 248 Ft |
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Size Total Text
|
43 X 248 Ft|under 1/2 Acre |
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Zoning Description
|
R2 Zoning |
Utilities
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Cable
|
Available |
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Electricity
|
Available |
|
Sewer
|
Installed |
