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Vacant Land For Sale

$238,888

MLS® Number: S13234824

Bathrooms

0

267 BARRIE ROAD, Orillia, Ontario

About This Property

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.

Property Details

Interior Details

Appliances

Water meter

Bathrooms Total

0

Building & Exterior

Parking Features

No Garage

Land & Location

City Region

Orillia

Community Features

School Bus, Community Centre

Frontage Length

43.0 feet

Lot Features

Flat site

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% ($47,778)
5.5%
25 Years

Estimated Monthly Payment

$1,174

Principal and interest only. Actual rates may vary.

Location & Map

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