Vacant Land FOR SALE! **SELLER FINANCING AVAILABLE** An exceptional development opportunity on a huge 1/4 acre lot offering the ability to Build A TRIPLEX ideal for multi-generational living or a high-performing investment strategy, making this property a great choice for the savvy investor seeking long-term value & flexibility. The concept features an intelligently designed triplex w/9 bedrooms optimized for modern living, efficient layouts & premium rental rates, delivering ~$11,000/month in potential rental income when combined w/the triplex & a potential garden suite opportunity, providing strong cash flow potential in today's market. The property boasts a huge, sunny, south-facing backyard w/trees to enjoy in all seasons, creating desirable outdoor space for owners or tenants alike. Enjoy convenient shopping, dining, entertainment & downtown core nearby, complemented with vibrant community amenities that define the area, including McKinnell Square, Orillia Rec Centre, Georgian College Campus, a craft brewery, year-round markets, historic landmarks, a Golf & Country club, skate park & museums, all adding to the local charm of this thriving location. Set in a four-season destination nestled between two lakes, this offering combines lifestyle, recreation & investment upside in one compelling package. **EXTRAS** Buyer to pay Building Permit Fees & Dev Charges to city. Property Taxes are not yet assessed. The property is R2 Zoning. Building permits not issued, giving the Buyer the freedom to adjust plans according to personal preferences, design vision & budget, making this a rare chance to secure vacant land positioned for future growth, rental demand & long-term appreciation in an increasingly sought-after market. (id:2493)
Data was last updated February 9, 2026 at 03:45 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$399,500
Min list price:
$136,900
Max list price:
$1,499,900
Avg days on market:
79
Min days on market:
2
Max days on market:
276
Avg price per sq.ft.:
$62.82
These statistics are generated based on the current listing's property type
and located in
Orillia. Average values are
derived using median calculations. This data is not produced by the MLS® system.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.