169 Colborne Street W,Orillia, ON L3V2Z4
Orillia, ON L3V2Z4
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. (id:13843)
Details
| MLS # | S13440266 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 138 |
| Listing Provided By | SUTTON GROUP-ASSOCIATES REALTY INC. | WINHAN WONG |
Features
| Zoning | HC2 |
|---|---|
| Acreage | 0.14 |
Interior
| Fireplace Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 3500 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Orillia |
| Postal Code | L3V2Z4 |
| Listing VS Median (in L3V2Z4) | |
Price: $599,000 low | high Med: $899 On site: 138 low | high Med: 149 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Orillia |
| Postal Code | L3V2Z4 |
| Listing VS Median (in L3V2Z4) | |
Price: $599,000 low | high Med: $899 On site: 138 low | high Med: 149 | |
