Overview

This lot in Orillia is for sale offering roughly 350 sq ft of space. It has been on the market 63 days, fresher than the Orillia average of 67 days.

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Description

Approved Engineered Drawings For A Duplex. Prime R2 Lot In Orillia's Desirable North Ward. Multi Unit Residential Lot Offering Outstanding Development Potential, Including A Single-Family Home, Duplex, Or Triplex, With The Possibility Of An Additional Garden Suite. A Rare Opportunity To Build Once And Benefit For Decades, Whether Creating A Lifetime Of Rental Income Or A Flexible Home For Extended Family Living. Municipal Water And Sewer Are Capped At The Lot Line, With Natural Gas And Hydro Available. Ideally Located Close To Highways, Schools, Parks, And Lake Couchiching, In One Of Orillia's Most Sought-After Neighbourhoods. (id:66096)

Property Details

MLS®: S13736770
Property Type: Vacant Land
Zoning: R2
Bathrooms: 0
Interior Size: 350 ft²
Lot Size: 67 × 140 ft (9,373 sq ft)
Frontage: 67 ft
Garage: No Garage
Property Tax: $1,152/yr
Listed: 63 days ago

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

63d

Orillia listings, avg age

67d

Price / ft²

$843

List price

$295K

Haho

This vacant land in Orillia has been listed for 63 days, which is 4 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD. · STEVEN SARASIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $294,500, about 3.8× the local median household income of $77,500.

Carrying it typically needs a household income of about $57,526 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,500
Population: 48,651
Median age: 47.6
Owner / renter: 70% / 30%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L3V)

$294,500· $843/ft²

For sale

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Financing

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10 First Street, Orillia - Vacant Land for Sale