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Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision Orillia
MLS Listing ID S12766256
Annual Tax Amount $952
Tax Year 2025
Property Sub-Type Vacant Land
Property Description
Vacant Land FOR SALE! **SELLER FINANCING AVAILABLE** An exceptional development opportunity on a huge 1/4 acre lot offering the ability to Build A TRIPLEX ideal for multi-generational living or a high-performing investment strategy, making this property a great choice for the savvy investor seeking long-term value & flexibility. The concept features an intelligently designed triplex w/9 bedrooms optimized for modern living, efficient layouts & premium rental rates, delivering ~$11,000/month in potential rental income when combined w/the triplex & a potential garden suite opportunity, providing strong cash flow potential in today's market. The property boasts a huge, sunny, south-facing backyard w/trees to enjoy in all seasons, creating desirable outdoor space for owners or tenants alike. Enjoy convenient shopping, dining, entertainment & downtown core nearby, complemented with vibrant community amenities that define the area, including McKinnell Square, Orillia Rec Centre, Georgian College Campus, a craft brewery, year-round markets, historic landmarks, a Golf & Country club, skate park & museums, all adding to the local charm of this thriving location. Set in a four-season destination nestled between two lakes, this offering combines lifestyle, recreation & investment upside in one compelling package. **EXTRAS** Buyer to pay Building Permit Fees & Dev Charges to city. Property Taxes are not yet assessed. The property is R2 Zoning. Building permits not issued, giving the Buyer the freedom to adjust plans according to personal preferences, design vision & budget, making this a rare chance to secure vacant land positioned for future growth, rental demand & long-term appreciation in an increasingly sought-after market.
Location
Province ON
County Simcoe
Area Simcoe
Rooms
Kitchen 0
Interior
Interior Features Water Meter
Exterior
Waterfront Description None
Lot Frontage 43.0
Lot Depth 248.0
Others
ParcelsYN No
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Listed by CRESCENT REAL ESTATE INC.
NEARBY SCHOOLS & PROPERTIES
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