$285,000
For sale: Vacant Land

Attention builders and investors! Partial VTB available for qualified purchaser! Vacant land for sale, corner lot on a quiet street. Building permit is ready and paid for. Fantastic opportunity to build a duplex with a 3rd lower unit for a total of three private units.Purpose build for multi-generational families or savvy investors. The custom designed side-by-side duplex and basement suite is optimized for modern living and premium rental rates. Walking distance to shopping,restaurants, parks, schools, etc. Easy access to hwy 11 and hwy 12. Building permit is paid for and in place,drawings are complete including grading plans, development fees have been paid. The third unit can be constructed once the duplex in complete for a minimal municipal fee. One of the Director of the selling corporation is a Registered Real Estate Sales Person with eXp REALTY INC.BROKERAGE
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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.
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