L3V2R1 Real Estate

Welcome to L3V 2R1, a charming zip code nestled in the heart of Orillia, Ontario. Known for its picturesque landscapes and vibrant community, this area offers a perfect blend of urban convenience and natural beauty, making it an ideal place to call home.

Orillia is often referred to as the "Sunshine City," thanks to its stunning waterfront along Lake Couchiching and the nearby Lake Simcoe. Residents of L3V 2R1 enjoy easy access to a variety of outdoor activities, from boating and fishing in the summer to snowmobiling and ice fishing in the winter. The region is also home to beautiful parks, scenic trails, and the breathtaking Couchiching Beach Park, where families can gather for picnics or enjoy a day in the sun.

In addition to its natural attractions, L3V 2R1 boasts a thriving local economy with an array of shops, restaurants, and entertainment options. The downtown area is filled with unique boutiques and cafes, providing a welcoming atmosphere for both residents and visitors. The community is rich in culture, featuring events like the Orillia Opera House performances and the annual Mariposa Folk Festival, which draw crowds from all over.

Families will appreciate the excellent schools and recreational facilities available in the area, making it a great place to raise children. With its friendly neighbors and strong sense of community, L3V 2R1 is not just a place to live; it’s a place to thrive. Explore the endless possibilities that await you in this enchanting corner of Ontario!

$499,999

4 Beds ⋅ 2 Baths ⋅ S12856768 MLS® #

Check out this outstanding investment opportunity featuring zoning and permitted use information available in the documents section. This legal duplex offers two well-appointed 2-bedroom units, each with its own hydro meter, with potential to create a smaller third unit subject to municipal approval. The property sits on a large in-town double lot, providing excellent long-term development and income potential for savvy investors or developers. Located directly across from an expanding rental complex, this property is positioned in a high-demand area that supports continued rental growth. The existing income stream allows you to carry the property while the City approval process for future changes or improvements is underway, making it an ideal buy-now-and-hold investment. Current monthly income $3,100.00, long term Tenants. Conveniently situated in Orillia, the property is within walking distance to the hospital, downtown core with its charming cafes, restaurants, banks, and shopping, as well as the recreation centre, all of which contribute to strong tenant appeal. As Orillia continues to experience steady growth, this is a great opportunity to become part of the city's expanding real estate market. The buyer is responsible for all municipal processes and associated costs related to zoning verification, change of use, and permit approvals. This is a versatile property with significant potential for income generation, development, or long-term investment holding. (id:5764)

136 Barrie Road, Orillia

Listing courtesy of CENTURY 21 B.J. ROTH REALTY LTD..

L3V2R1 Real Estate

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