$599,000
Available - For Sale
Listing ID: S13440266
169 Colborne Street West , Orillia, L3V 2Z4, Simcoe


Prime investment opportunity in Orillia. This high traffic parking lot is ideally located directly across from the emergency entrances of Soldiers' Memorial Hospital and features 13 parking spaces with strong, consistent demand. The property is equipped with a modern remote controlled entry system, on site cameras, and an automated exit gate for easy operation and management. Recently severed from 50 Dunedin St., the property can also be purchased together with the adjoining parcel. The site offers exceptional redevelopment potential, including the possibility of removing the existing home for new build opportunities or potential lot severance. HC2 zoning permits a wide range of uses, including senior housing, residential, institutional, and healthcare developments. As Orillia's waterfront continues to evolve with new condominium projects, this property represents an outstanding investment opportunity. Combined L shaped lot dimensions: parking lot approximately 43.74 ft. x 140.62 ft. depth, house portion approximately 73.32 ft. x 68.86 ft. depth.
Price $599,000
Taxes: $3500.00
Tax Type: Annual
Occupancy: Vacant
Address: 169 Colborne Street West , Orillia, L3V 2Z4, Simcoe
Postal Code: L3V 2Z4
Province/State: Simcoe
Legal Description: LT 2 BLK E PL 228 Orillia & PT LT 18 BLK
Directions/Cross Streets: Dunedin St & Colborne St West
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Designated
Use: Parking Lot
Building Percentage: T
Total Area: 0.14
Total Area Code:  Acres
Washrooms: 0
Sewers: Sanitary Availa
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-ASSOCIATES REALTY INC.
Personal Picture
Behzad Rahdari
Broker, P. Eng.
Dir:
416-301-7556
Bus:
905-883-4922
 
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At a Glance:
Type: Com - Land
Area: Simcoe
Municipality: Orillia
Neighbourhood: Orillia
Style:
Lot Size: x 152.00(Feet)
Approximate Age:
Tax: $3,500
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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