Top 5 Reasons You Will Love This Property: 1) Situated on a 65'x105' corner lot at Matchedash Street South and Western Avenue, this property offers outstanding visibility, access, and design flexibility, making it highly desirable for development and allowing for improved layouts, additional entrances, and stronger long-term value 2) The recent R3I residential intensification zoning unlocks significant development potential, whether you're envisioning a 4-plex, 6-plex, townhouses, an apartment dwelling, or live/work units, supporting density that can drive stronger returns 3) This incredibly versatile land permits a wide range of uses, including group homes, retirement residences, bed and breakfasts, child care centres, places of worship, business uses, and more, subject to approval 4) Zoning is already in place, significantly reducing entitlement risk and approval timelines, allowing you to move forward with confidence, clarity, and speed while saving time and money prior to construction 5) With demand for housing, mixed-use spaces, and community-focused developments continuing to rise, this site offers both immediate and long-term upside, with exceptional potential that adapts to changing market needs. (id:13843)
| MLS # | S13620072 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 89 |
| Listing Provided By | FARIS TEAM REAL ESTATE BROKERAGE | MARK FARIS |
| SQ Feet | 5,000 |
|---|---|
| Zoning | R3I |
| Fireplace Yes / No | No |
|---|
| Utilities | Sewer, Electricity, Cable |
|---|
| Tax Annual Amount | 3674 |
|---|
| Province | ON |
|---|---|
| City | Orillia |
| Postal Code | L3V4W9 |
| Listing VS Median (in L3V4W9) | |
Price: $349,000 low | high Med: $619,000 sqft: 5,000 low | high Med: 3,250 $ / sqft: $70 low | high Med: $331 On site: 89 low | high Med: 68.5 | |
| Province | ON |
|---|---|
| City | Orillia |
| Postal Code | L3V4W9 |
| Listing VS Median (in L3V4W9) | |
Price: $349,000 low | high Med: $619,000 sqft: 5,000 low | high Med: 3,250 $ / sqft: $70 low | high Med: $331 On site: 89 low | high Med: 68.5 | |