This lot in Severn is for sale.

Description

Attention investors. looking for a chance to build a triplex or more ? the neighbor just built two 4 plexes and one approved for a four plex. Beautiful, shovel ready, building lot in the City of Orillia. New city water and sewer services completed in 2024. driveway permits pulled. Great location,in north ward Orillia . Close to lake. the Millennium tail and Trans Canada trail system are only steps away, In area of new homes and waterfront homes. The trail takes you to Orillia's downtown & waterfront. Easy hwy access. Hst and all development fees are in addition to purchase price. Don't wait, serviced lots in Orillia are hard to find. This is a prefect place to build your dream home! Plan of subdivision and survey available from listing agent. Zoning permits up to three units. (id:66096)

Property Details

MLS®: S13430030
Property Type: Vacant Land
Zoning: R1-13
Bathrooms: 0
Lot Size: 119 × 140 ft (16,659 sq ft)
Frontage: 118 ft
Property Tax: $365/yr
Listed: 146 days ago

Features

Lot Features: Irregular lot size

Services

Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

146d

Severn listings, avg age

89d

List price

$275K

Homes here sell below asking price

Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

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Listed by SIMCOE HILLS REAL ESTATE INC. · THERESA COULSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3V)

This home lists at $275,000, about 3.5× the local median household income of $77,500.

Carrying it typically needs a household income of about $53,717 (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)

$275,000

For sale

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Financing

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1366 Wilson Point Road, Severn - Vacant Land for Sale