256 Harvey Street, Orillia, Ontario, L3V3M4




$249,900
Orillia
This lot in Orillia is for sale. It has been on the market 19 days, fresher than the Orillia average of 67 days.
Great development opportunity in Orillia's desirable West Ward. This vacant residential lot is ideally located on a public transit route and close to schools, parks, shopping, downtown amenities, and easy highway access. Zoned R2, the property permits a range of residential development options, including the potential for up to four dwelling units, subject to municipal approvals, zoning requirements, parking provisions, and applicable regulations. Added value comes with a $15,790 Development Charge Demolition Credit available to the Buyer (subject to municipal policies and timelines), resulting from the demolition of the former dwelling in 2024. The property also benefits from an existing sanitary sewer service connection located on the lot, potentially reducing future servicing costs. In addition, the $2,000 parkland dedication fee-in-lieu has already been paid by the Seller. Whether you're a builder, investor, or future homeowner looking to maximize development potential, this is an opportunity to secure a well-located residential lot in one of Orillia's established neighbourhoods. (We kindly ask that you do not enter property without an appointment). (id:66096)
Features and services as supplied by the listing brokerage.
Active: 19 days on market, against an average age of 67 days across the listings currently for sale in this city
This vacant land in Orillia has been listed for 19 days, which is 48 days fresher than the city average of 67. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $249,900, about 3.2× the local median household income of $77,500.
Carrying it typically needs a household income of about $48,814 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA L3V)
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