$294,500
For sale: Vacant Land

Approved Engineered Drawings For A Duplex. Prime R2 Lot In Orillia's Desirable North Ward. Multi Unit Residential Lot Offering Outstanding Development Potential, Including A Single-Family Home, Duplex, Or Triplex, With The Possibility Of An Additional Garden Suite. A Rare Opportunity To Build Once And Benefit For Decades, Whether Creating A Lifetime Of Rental Income Or A Flexible Home For Extended Family Living. Municipal Water And Sewer Are Capped At The Lot Line, With Natural Gas And Hydro Available. Ideally Located Close To Highways, Schools, Parks, And Lake Couchiching, In One Of Orillia's Most Sought-After Neighbourhoods.
Sold data
Homes in Orillia took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 63, across 154 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $589,450.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
Based on 154 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Orillia has 14 Fraser Institute–rated schools (11 elementary and 3 secondary), averaging 5.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$260,000
Vacant Land117 COLBORNE STREET E, Orillia, Orillia

$289,000
Vacant Land257 ROBINS POINT ROAD, Victoria Harbour, Tay

$339,900
Vacant LandLOT-A SOUTHWOOD ROAD, Wood (Gravenhurst), Gravenhurst)

$289,000
Vacant LandCOUNTY ROAD 48 PORTAGE ROAD, Bexley, Kawartha Lakes

$299,000
Vacant Land7488 LAKE JOSEPH ROAD, Freeman, Georgian Bay

$379,900
Vacant Land62 CEDAR SHORES PRIVATE, Macaulay, Bracebridge

$299,900
Vacant Land21 PETER AVENUE, Rural Tiny, Tiny

$249,888
Vacant LandVACANT LAND - 1644 RIDGE ROAD E, Hawkestone, Oro-Medonte