$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 31 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 60, across 156 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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 $590,000.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 156 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

$285,000
Vacant Land256 HARVEY STREET, Orillia, Orillia

$249,900
Vacant Land3 OWEN ROAD, Rural Oro-Medonte, Oro-Medonte

$299,000
Vacant LandLOT#10 MCCOWAN ROAD, Baldwin, Georgina

$275,000
Vacant Land1366 WILSON POINT ROAD, Rural Severn, Severn

$269,000
Vacant Land3365 ARMAND AVENUE, Washago, Severn

$285,000
Vacant Land221 MATCHEDASH STREET S, Orillia, Orillia

$319,000
Vacant Land27 THOMPSON DRIVE, Sutton & Jackson's Point, Georgina