Orillia (1 hr. to Toronto) Waterfront Development Opportunity, $3.29M, zoning for 9 town homes in place, presently rented to 23 tenants (PHOTO)

Message Number432508
statusActive
Subject LineOrillia (1 hr. to Toronto) Waterfront Development Opportunity, $3.29M, zoning for 9 town homes in place, presently rented to 23 tenants (PHOTO)
Business area
Canada
Ontario
Northern Ontario
Barrie and Orillia
Have/WantHave
Business categorySubdivision Potential/Condo Sites/Townhouse Sites/Building Lots
Recreational Sites/Senior Lifestyle Sites/Golf Courses/Resorts/Trailer Parks
Apartment buildings/multi unit/condo townhouse projects/investments
Residential estates single family homes condos cottages, vacation homes
Date of ListingMarch 4 2025
Type DescriptionWaterfront Investment
LocationOrillia
Price$3,290,000.00
CommentsLocated in a beautiful bay in the central Orillia.
The property is ripe for a new development with zoning for 9 town homes in place. $3.290,000.
23 unit multi family complex consisting of 4 two bedrooms, 3 two room bachelors and 16 bachelor units. Property has been re-zoned R4-7 to allow 9 side by side waterfront town homes. Land is approx 170′ x 171 with additional rare water lot approx 170 x 100 x 180 x 100. Currently has been a holding property with existing cash flow with Gross Income of $216, 624 and Net of $103,624.
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One of the top cities to live or invest in Canada

ControlPartner
NameMichael J Preston
TitleBroker of Record / Owner
View my Other Listings, Haves and Wants:CLICK HERE!
Company NameLakeview Realty, Inc., Brokerage
Address Line One57 Matchedash Street North
CityOrillia
State/ProvinceOntario
Zip/Postal CodeL3V 4T7
CountryCanada
Business Phone Number(705)325-3600
Cell Number705-309-1747
FAX Number705-329-0393
Email AddressSend Email
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Have Over 70 Acres Land Nearby Lake Simcoe, Potential For Residential Development Draft Plan Ready, Asking Price $22M.

Message Number423556
statusActive
Subject LineHave Over 70 Acres Land Nearby Lake Simcoe, Potential For Residential Development Draft Plan Ready, Asking Price $22M.
Business area
Canada
Ontario
Northern Ontario
Barrie and Orillia
Georgian Bay Area
Have/WantHave
Business categorySubdivision Potential/Condo Sites/Townhouse Sites/Building Lots
Residential estates single family homes condos cottages, vacation homes
Date of ListingFebruary 21 2024
Type DescriptionLand For Fufuture Development
LocationLake Simcoe
Price$22,000,000.00
CommentsHave Over 70 Acres Land Nearby Lake Simcoe, Potential For Residential Development Draft Plan Ready, Asking Price $22M.
Internet Links
Client DetailsInvestment Broker
Active Investor
Builder/Developer
Institutional Investor
Lender/Private
Lender/Institutional
Site Finder
Financier
Redeveloper/Rehaber
Client WantsIndependant Research & Development
Residentail Lots
Development Land
Independant Research & Development Land
NameDaniel Chen
TitleSales Representative
View my Other Listings, Haves and Wants:CLICK HERE!
Company NameCentury 21 Landunion Realty Inc., Brokerage
Address Line One7050 Woodbine Ave., Unit 106
CityMarkham
State/ProvinceOntario
Zip/Postal CodeL3R 4G8
CountryCanada
Business Phone Number(905)475-8807
Cell Number6479695188
FAX Number9054758806
Email AddressSend Email
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