43 FITTONS Road West, Orillia, Ontario L3V3T7

Listing courtesy of ROYAL LEPAGE FIRST CONTACT REALTY.

$499,999
4
BD
2
BA

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List Price
$499,999
MLS®
S13661072
Days on Market
5
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
2
Lot Size Dimensions
91.8 x 130.8 FT
Subdivision
Orillia

Property Description

Builders, developers and investors, take a closer look at the potential of 43 Fittons Road West in Orillia. The real value here is in the property and what can be developed. Currently in the final stages of severance into 4 individual building lots, most municipal conditions have already been satisfied. Committee of Adjustment approval was secured, no plan of subdivision is required, and a registered reference plan and architectural drawings are already in place. The proposed development consists of 4 semi-detached duplexes, creating a total of 8 family-sized units. Build and sell, build and hold, or choose a combination of both. There may also be potential for garden suites, providing another opportunity to add value and generate rental income. An older home currently sits on the property and is being sold as-is. With much of the planning and groundwork already completed, this is an opportunity to move forward with an exciting infill development in Orillia. Optional support is also available to help with permitting, construction sequencing, etc. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
Orillia
Parking Spaces
7
Cooling
None
Country
Canada
Sewer
Sanitary sewer
Heating
Natural gas
Lot Features
Flat site, Sump Pump
Stories
2

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Calculator source: Real Geeks