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Vacant Land For Sale

$249,900

MLS® Number: S12766256

Bathrooms

0

267 BARRIE ROAD, Orillia, Ontario

About This Property

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.

Property Details

Interior Details

Appliances

Water meter

Bathrooms Total

0

Building & Exterior

Parking Features

No Garage

Land & Location

City Region

Orillia

Frontage Length

43.0 feet

Lot Size Dimensions

43 x 248 FT

Postal Code

L3V2R4

Utilities & Services

Utilities

Sewer, Electricity, Cable

Listing & Financials

Listing Office

CRESCENT REAL ESTATE INC.

Originating System Name

Toronto Regional Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($49,980)
5.5%
25 Years

Estimated Monthly Payment

$1,228

Principal and interest only. Actual rates may vary.

Location & Map

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