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$999,000
Available - For Sale
Listing ID: S12379549
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.
Price $999,000
Taxes: $7,013.37
Tax Type: Annual
Occupancy by: Tenant
Address: 50 DUNEDIN Stre , Orillia, L3V 5T5, Simcoe
Postal Code: L3V 5T5
Province/State: Simcoe
Legal Description: CONSOLIDATION OF VARIOUS PROP. LT2 BLK P
Directions/Cross Streets: DUNEDIN AT COLBOURNE ENTRANCE ON COLBOURNE
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Accommodation
Building Percentage: F
Total Area: 11,259.04
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-ASSOCIATES REALTY INC.

50 DUNEDIN Stre , Orillia, L3V 5T5, Simcoe


 
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: x 152.00(Acres)
Approximate Age:
Tax: $7,013.37
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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