233-261 Coldwater St
Orillia, L3V1W5
UNAVAILABLE
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Designated
CATEGORY3.82 Acres
TOTAL AREAS4197652
MLSIDContact Us
Property Description
Beautiful Development Land , Sitting On The Main Road And Top Of The Hill With Potential View Of The Water And City Skyline From Above 3rd Floor... Are Being Sold As One For A Total Of 3.82 Acres. Zoning Is R5I (H2). Property Is Located In City Intensification Area
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Extras
70% Vtb Financing Available. Current Zoning Permits Mix Of Residential And Commercial. Eight Story Height. Fully Serviced.Possibility For 280 Condo Units
Property Details
Category
Designated
Usage
Residential
Zoning
Mixed -R5I (H2
Total Area
3.82 Acres
Lot Size
118' x 135'
Taxes
$6,994 (2018)
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Listing contracted with Home Leader Realty Inc., Brokerage
Similar Listings
Situated on bustling West Ridge Boulevard in Orillia, this expansive 1.58-acre lot, one of the area's last remaining gems, boasts M3 zoning, offering ample opportunities for various uses. Amidst Orillia's thriving thoroughfare, this parcel enjoys unmatched visibility and accessibility, making it a prime location for discerning investors. Imagine an upscale office complex, a dynamic rental outlet, a state-of-the-art warehouse facility, or even a vibrant boutique hotel! The zoning permits a wide array of ventures, including heavy equipment sales and service, light to medium industry, captivating brewery or winery establishments, away from esteemed institutions like Lakehead University, retail giants like Costco, Hydro One Advanced Tech hub, and the Orillia OPP Station. Essential services are available. The responsibility for HST, development charges, servicing, and permits lies with the buyer. The owner will also consider a "Build to Suit" and leasing opportunity.
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