9 Beds 0 Bath

267 Barrie Road, Orillia, ON L3V 2R4

Orillia L3V 2R4 Ontario

MLS: S12766256

$260,000

Added 10 days ago | For Sale

Listed by: CRESCENT REAL ESTATE INC.

About Property

Vacant Land FOR SALE! **SELLER FINANCING AVAILABLE** An exceptional development opportunity on a huge 1/4 acre lot offering the ability to Build A TRIPLEX ideal for multi-generational living or a high-performing investment strategy, making this property a great choice for the savvy investor seeking long-term value & flexibility. The concept features an intelligently designed triplex w/9 bedrooms optimized for modern living, efficient layouts & premium rental rates, delivering ~$11,000/month in potential rental income when combined w/the triplex & a potential garden suite opportunity, providing strong cash flow potential in today's market. The property boasts a huge, sunny, south-facing backyard w/trees to enjoy in all seasons, creating desirable outdoor space for owners or tenants alike. Enjoy convenient shopping, dining, entertainment & downtown core nearby, complemented with vibrant community amenities that define the area, including McKinnell Square, Orillia Rec Centre, Georgian College Campus, a craft brewery, year-round markets, historic landmarks, a Golf & Country club, skate park & museums, all adding to the local charm of this thriving location. Set in a four-season destination nestled between two lakes, this offering combines lifestyle, recreation & investment upside in one compelling package. **EXTRAS** Buyer to pay Building Permit Fees & Dev Charges to city. Property Taxes are not yet assessed. The property is R2 Zoning. Building permits not issued, giving the Buyer the freedom to adjust plans according to personal preferences, design vision & budget, making this a rare chance to secure vacant land positioned for future growth, rental demand & long-term appreciation in an increasingly sought-after market.

Features

  • House Style:Vacant Land
  • Bathrooms:0
  • Land Size: 43 X 248
  • Water:Municipal
  • Garage Spaces: /
  • Driveway:
  • Heating Fuel:
  • Cross Street:E of HWY 11; N of HWY 12
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $952
  • Bedrooms:9
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:
  • Pool Type:
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:S12766256

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