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$ 237,000
Est. payment | /mo
$ 237,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Orillia
MLS Listing ID S13234824
Annual Tax Amount $1,000
Tax Year 2025
Property Sub-Type Vacant Land
Property Description
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.
Location
State ON
County Simcoe
Area Simcoe
Rooms
Kitchen 0
Interior
Interior Features Water Meter
Exterior
Waterfront Description None
Topography Flat
Lot Frontage 43.0
Lot Depth 248.0
Building
Unit Features Place Of Worship,Rec./Commun.Centre,School,School Bus Route,Public Transit,Hospital
Others
ParcelsYN Yes
Listed by CRESCENT REAL ESTATE INC.
Nearby Locations