$999,000
( $88.73Per Sq Foot )
 $5,363 est/mo Sourced by Back At You

50 Dunedin Street,Orillia, ON L3V 5T5

Orillia, ON L3V 5T5

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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.

Details

MLS #S12088288
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Days On Site91
Listing Provided BySUTTON GROUP-ASSOCIATES REALTY INC. | S12088288 078300

Features

SQ Feet11,259
Acreage0.26

Interior

Cooling Yes / NoNo
CoolingNo

Exterior

Community FeaturesMajor Highway, Public Transit

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Learn More About This Property

ProvinceON
RegionSimcoe
CityOrillia
Postal CodeL3V 5T5
AreaOrillia
Listing VS Median (in L3V 5T5)
Price:
$999,000
low | high
Med:
$999,000
50% of Average
SqFt:
11,259
low | high
Med:
11,259
50% of Average
$ / SqFt:
$89
low | high
Med:
$89
50% of Average
On site:
91
low | high
Med:
91.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $749K - $1.248M
SqFt: 8,000 - 14,000
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Listing Updated: April 17, 2025 at 9:17:19 PM PDT