267 Barrie Road Orillia, Ontario L3V 2R4

$237,000

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:64201)

Property Details

MLS® Number S13234824
Property Type Vacant Land
Community Name Orillia
Amenities Near By Place Of Worship, Schools, Public Transit, Hospital
Community Features Community Centre, School Bus
Features Flat Site

Building

Appliances Water Meter
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Land Amenities Place Of Worship, Schools, Public Transit, Hospital
Sewer Sanitary Sewer
Size Depth 248 Ft
Size Frontage 43 Ft
Size Irregular 43 X 248 Ft
Size Total Text 43 X 248 Ft|under 1/2 Acre
Zoning Description R2 Zoning

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