267 Barrie Road Orillia, Ontario L3V 2R4

$249,900

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. (id:55460)

Property Details

MLS® Number	S12766256
Property Type	Vacant Land
Community Name	Orillia

Building

Appliances	Water Meter
Size Interior	0 - 699 Ft2
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
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

Utilities

Cable	Available
Electricity	Available
Sewer	Installed

https://www.realtor.ca/real-estate/29333878/267-barrie-road-orillia-orillia