$4,200,000
Available - For Sale
Listing ID: S11968611
850 15 Line North , Oro-Medonte, L3V 8H8, Ontario
| Discover an exceptional opportunity with 850 Line 15 North, Oro-Medonte. This expansive 99.79-acre property, boasting approximately 45 acres primed for development, presents unmatched potential for astute investors. The City of Orillia is currently evaluating the property for potential annexation into its settlement boundaries, with a decision anticipated within the next twelve months. This strategic move could lead to a favorable zoning change, likely incorporating residential and commercial uses, thereby significantly enhancing the property's value. Strategically located near key community hubs, including Lakehead University and Costco, this property offers unparalleled accessibility to essential amenities. Ideal for residential, commercial, or mixed-use development. The proposed future Sewage Pump Station on Old Barrie Road underscores the areas commitment to robust infrastructure, a pivotal advantage for substantial commercial and residential projects. Additionally, the property's expansive acreage supports agricultural endeavors, offering supplementary income potential through farming or horticulture. |
| Price | $4,200,000 |
| Taxes: | $4835.62 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 850 15 Line North , Oro-Medonte, L3V 8H8, Ontario |
| Postal Code: | L3V 8H8 |
| Province/State: | Ontario |
| Legal Description: | PT LT 7 CON 1 SOUTH ORILLIA, PTS 2, 3, 5 |
| Lot Size: | 2011.00 x 2047.00 (Feet) |
| Directions/Cross Streets: | Line 15 and Old Barrie Rd |
| Category: | Raw (Outside Official Plan) |
| Use: | Residential |
| Total Area: | 99.79 |
| Total Area Code: | Acres |
| Rail: | N |
| Sewers: | Septic |
| Water: | Well |
$
%
Years
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. |
| CENTURY 21 B.J. ROTH REALTY LTD. |
|
|
.jpg?src=Custom)
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Land |
| Area: | Simcoe |
| Municipality: | Oro-Medonte |
| Neighbourhood: | Rural Oro-Medonte |
| Lot Size: | 2011.00 x 2047.00(Feet) |
| Tax: | $4,835.62 |
Locatin Map:
Payment Calculator:
- Color Examples
- Red
- Magenta
- Gold
- Green
- Black and Gold
- Dark Navy Blue And Gold
- Cyan
- Black
- Purple
- Brown Cream
- Blue and Black
- Orange and Black
- Default
- Device Examples