169 COLBORNE STREET W
Orillia, Ontario
MLS® S13440266
$599,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- S13440266
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 4Listing description
Prime investment opportunity in Orillia. This high traffic parking lot is ideally located directly across from the emergency entrances of Soldiers' Memorial Hospital and features 13 parking spaces with strong, consistent demand. The property is equipped with a modern remote controlled entry system, on site cameras, and an automated exit gate for easy operation and management.
Recently severed from 50 Dunedin St. , the property can also be purchased together with the adjoining parcel. The site offers exceptional redevelopment potential, including the possibility of removing the existing home for new build opportunities or potential lot severance.
HC2 zoning permits a wide range of uses, including senior housing, residential, institutional, and healthcare developments. As Orillia's waterfront continues to evolve with new condominium projects, this property represents an outstanding investment opportunity. Combined L shaped lot dimensions: parking lot approximately 43.
74 ft. x 140. 62 ft.
depth, house portion approximately 73. 32 ft. x 68.
86 ft. depth.
Property summary
- MLS® number
- S13440266
- Property type
- Vacant Land
- Land size
- 0.14 acres
- Annual property taxes
- $3,500.00
- Days on market
- 109 days
What would this home cost you?
Based on the $599,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of SUTTON GROUP-ASSOCIATES REALTY INC., TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.