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.
MLS # | S12088288 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 91 |
Listing Provided By | SUTTON GROUP-ASSOCIATES REALTY INC. | S12088288 078300 |
SQ Feet | 11,259 |
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Acreage | 0.26 |
Cooling Yes / No | No |
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Cooling | No |
Community Features | Major Highway, Public Transit |
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Province | ON |
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Region | Simcoe |
City | Orillia |
Postal Code | L3V 5T5 |
Area | Orillia |
Listing VS Median (in L3V 5T5) | |
Price: $999,000 low | high Med: $999,000 SqFt: 11,259 low | high Med: 11,259 $ / SqFt: $89 low | high Med: $89 On site: 91 low | high Med: 91.000000 |