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.
Property Type:
Residential Freehold
Property Sub Type:
Vacant Land
Total Approx Floor Area:
< 700
Lot Size:
<.50
Lot Depth:
248'75.6 m
Lot Frontage:
43'13.1 m
Direction Faces:
South
Bedrooms:
0
Bathrooms:
0.0
Water supply:
Municipal
Kitchens:
0
Zoning:
R2 Zoning
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
Partial
Taxes:
$952 /
2025
Assessment:
$- /
-
Simcoe
Orillia
Orillia
Water Meter
New Water line and new Sewer line installed up to the property line paid for and completed by owner via city contractors.
Lot is subject to HST. Buyer To Pay Building Permit Fees and Dev Charges To City. Property Taxes Are Not Yet Assessed. R2 Zoning. Building permits not issued, Buyer can adjust plans according to personal preferences!
Data was last updated May 8, 2026 at 12:15 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$349,000
Min list price:
$136,900
Max list price:
$2,200,000
Avg days on market:
94
Min days on market:
13
Max days on market:
364
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.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.