RARE Lake Couchiching WATERFRONT INVESTMENT and development opportunity in Orillia! Located on the tranquil shores of Pumpkin Bay, this exceptional waterfront property features approximately 50 ft of water ownership, breathtaking eastern sunrises, direct access to the Trent-Severn Waterway for endless boating. The existing home has been FULLY GUTTED and is ready for redevelopment. According to the City of Orillia's zoning department, the property permits a semi-detached dwelling, a second storey, and up to five additional residential units, creating exceptional investment and development potential. Situated on a rare double lot, the property also offers future severance potential (buyer to complete their own due diligence). Just a 7-minute walk to Downtown Orillia, you'll enjoy boutique shops, restaurants, cafés, waterfront parks, nearby walking and cycling trails. Whether you're looking to build a luxury lakeside residence, develop an income-producing property, or create your own four-season waterfront paradise, this is a rare opportunity to make your vision a reality. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Living Area (Min):
1,100 sq. ft.102 m2
Living Area (Max):
1,500 sq. ft.139 m2
Zoning:
R4-7/4-7 residential units permitted official plan
Data was last updated July 10, 2026 at 12:45 PM (UTC)
Area Statistics
Listings on market:
220
Avg list price:
$1,024,500
Min list price:
$229,900
Max list price:
$4,499,900
Avg days on market:
34
Min days on market:
1
Max days on market:
333
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.
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