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$599,000
Available - For Sale
Listing ID: S13440266
Prime investment opportunity in Orillia. This high traffic parking lot is ideally located directly across from the emergency entrances of Soldiers' Memorial Hospital and features 13 parking spaces with strong, consistent demand. The property is equipped with a modern remote controlled entry system, on site cameras, and an automated exit gate for easy operation and management. Recently severed from 50 Dunedin St., the property can also be purchased together with the adjoining parcel. The site offers exceptional redevelopment potential, including the possibility of removing the existing home for new build opportunities or potential lot severance. HC2 zoning permits a wide range of uses, including senior housing, residential, institutional, and healthcare developments. As Orillia's waterfront continues to evolve with new condominium projects, this property represents an outstanding investment opportunity. Combined L shaped lot dimensions: parking lot approximately 43.74 ft. x 140.62 ft. depth, house portion approximately 73.32 ft. x 68.86 ft. depth.
Price $599,000
Taxes: $3,500
Tax Type: Annual
Occupancy by: Vacant
Address: 169 Colborne Street West , Orillia, L3V 2Z4, Simcoe
Postal Code: L3V 2Z4
Province/State: Simcoe
Legal Description: LT 2 BLK E PL 228 Orillia & PT LT 18 BLK
Directions/Cross Streets: Dunedin St & Colborne St West
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Designated
Use: Parking Lot
Building Percentage: T
Total Area: .14
Total Area Code:  Acres
Maintenance: 0
Sewers: Sanitary Availa
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SUTTON GROUP-ASSOCIATES REALTY INC.

169 Colborne Street West , Orillia, L3V 2Z4, Simcoe

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Land
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: x 152.00(Feet)
Approximate Age:
Tax: $3,500
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908