267 Barrie Road, Orillia, ON L3V 2R4

$225,900

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$225,900
Price Change
▼ $2,100 1788885204
MLS#
S13234824
Status
ACTIVE
Type
Land
SubType
Vacant Land
Province
ON
Municipality
Orillia
Area
Simcoe
Neighborhood
Orillia
Subdivision
E Of Hwy 11; N Of Hwy 12

Property Description

Vacant Land For Sale! Seller Financing Available. A great opportunity to build on a large ~1/4 acre lot in a convenient downtown Orillia location. This property offers the potential to build a large triplex, making it a strong option for investors, extended families, or anyone looking for future rental income. The proposed concept includes a well-designed triplex with 9 bedrooms, plus the potential for a garden suite. Together, this could generate approximately $10,000/month in rental income, offering excellent cash flow potential. The lot also features a large, sunny, south-facing backyard with mature trees, creating a great outdoor space for future owners or tenants. Located close to shopping, restaurants, entertainment, downtown Orillia, McKinnell Square, the Orillia Rec Centre, Georgian College, local markets, breweries, parks, museums, and more. Orillia is a four-season community surrounded by lakes, trails, and recreation, making this a great mix of lifestyle and investment opportunity.

Additional Information

Taxes
$1,000
Waterfront Type
None

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of CRESCENT REAL ESTATE INC..