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. (id:4069)
Address
267 BARRIE ROAD
List Price
$228,000
Property Type
Vacant Land
Transaction Type
Sale
Area
Ontario
Sub-Area
Orillia
Lot Size
43 x 248 FT Sq. Ft.
Lot Depth
248 ft
Frontage Length
43 ft
MLS® Number
S13234824
Listing Brokerage
CRESCENT REAL ESTATE INC.
Postal Code
L3V2R4
Zoning
R2 Zoning
Site Influences
Place of Worship, Schools, Public Transit, Hospital
Features
Flat site
Community Features
Community Centre, School Bus
Appliances
Water meter
Water Source
Municipal water
Sewer
Sanitary sewer
