$349,000
For sale: Vacant Land

Top 5 Reasons You Will Love This Property: 1) Situated on a 65'x105' corner lot at Matchedash Street South and Western Avenue, this property offers outstanding visibility, access, and design flexibility, making it highly desirable for development and allowing for improved layouts, additional entrances, and stronger long-term value 2) The recent R3I residential intensification zoning unlocks significant development potential, whether you're envisioning a 4-plex, 6-plex, townhouses, an apartment dwelling, or live/work units, supporting density that can drive stronger returns 3) This incredibly versatile land permits a wide range of uses, including group homes, retirement residences, bed and breakfasts, child care centres, places of worship, business uses, and more, subject to approval 4) Zoning is already in place, significantly reducing entitlement risk and approval timelines, allowing you to move forward with confidence, clarity, and speed while saving time and money prior to construction 5) With demand for housing, mixed-use spaces, and community-focused developments continuing to rise, this site offers both immediate and long-term upside, with exceptional potential that adapts to changing market needs.
Sold data
Homes in Orillia took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 53, across 153 recorded sales.
The median sale price was $580,000.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 153 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.
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