Prime Investment Opportunity **Parking Lot & Rental Property in Orillia.** Don't miss this rare opportunity to own a **high-traffic parking lot** in Orillia, located directly across from the emergency entrances of Soldiers Memorial Hospital. Featuring **13 parking spaces** with continuous demand, this property generates excellent income and is equipped with a **modern remote-controlled entry, on-site camera and exit gate system** for easy operation. Also included is a **1,100 sq. ft. rental home**, currently leased with tenants covering utilities, featuring a **new furnace and re-shingled roof**. Sold as-is, the property offers excellent redevelopment potential, including **removing the existing home for new-build opportunities or potential lot severance**. With **HC2 zoning**, the site permits **a wide range of uses**, such as senior housing and residential developments. As Orillia's waterfront continues to transform with new condos, this location presents an outstanding investment opportunity. L Shape Lot: Parking Lot 46 ft x 152 ft depth, House 75 ft x 68 ft depth. |
Price | $999,000 |
Taxes: | $7013.37 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 50 DUNEDIN Stre , Orillia, L3V 5T5, Simcoe |
Postal Code: | L3V 5T5 |
Province/State: | Simcoe |
Legal Description: | CONSOLIDATION OF VARIOUS PROP. LT2 BLK P |
Directions/Cross Streets: | DUNEDIN AT COLBOURNE ENTRANCE ON COLBOURNE |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Accommodation |
Building Percentage: | F |
Total Area: | 11259.04 |
Total Area Code: | Square Feet |
Area Influences: | Major Highway Public Transit |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SUTTON GROUP-ASSOCIATES REALTY INC. |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Simcoe |
Municipality: | Orillia |
Neighbourhood: | Orillia |
Tax: | $7,013.37 |
Fireplace: | N |