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Orillia,ON L3V 5T5
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 11,259 sqft
Price per Sqft $88
Subdivision Orillia
MLS Listing ID S12088288
Annual Tax Amount $7,013
Tax Year 2024
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Simcoe
Community Orillia
Area Simcoe
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Community Features Major Highway,Public Transit
Utilities Available Yes
Lot Frontage 46.0
Lot Depth 152.0