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.
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Zillow last checked:
Listing updated:
Listed by:
CRESCENT REAL ESTATE INC.
Source: TRREB,MLS®#: S13234824Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 0
Bathrooms: 0
Features
Water Meter
Property
Features
Waterfront features: None
Lot
Size: 10,664 Square Feet
Features: Place Of Worship, Rec./Commun.Centre, School, School Bus Route, Public Transit, Hospital