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$ 599,000
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Active
169 COLBORNE STREET W Orillia, ON L3V2Z4
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Orillia
MLS® Listing ID S13440266
Lot Size 6,098 Sqft
Acres 0.14
Property Description
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by SUTTON GROUP-ASSOCIATES REALTY INC.
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