256 HARVEY STREET, Orillia

$285,000

For sale: Vacant Land

Vacant Land at 256 HARVEY STREET, Orillia
Property type
Vacant Land
MLS®
MLS® S13446928
Neighbourhood
Orillia

Great development opportunity in Orillia's desirable West Ward. This vacant residential lot is ideally located on a public transit route and close to schools, parks, shopping, downtown amenities, and easy highway access. Zoned R2, the property permits a range of residential development options, including the potential for up to four dwelling units, subject to municipal approvals, zoning requirements, parking provisions, and applicable regulations. Added value comes with a $15,790 Development Charge Demolition Credit available to the Buyer (subject to municipal policies and timelines), resulting from the demolition of the former dwelling in 2024. The property also benefits from an existing sanitary sewer service connection located on the lot, potentially reducing future servicing costs. In addition, the $2,000 parkland dedication fee-in-lieu has already been paid by the Seller. Whether you're a builder, investor, or future homeowner looking to maximize development potential, this is an opportunity to secure a well-located residential lot in one of Orillia's established neighbourhoods. (We kindly ask that you do not enter property without an appointment).

Sold data

Homes in Orillia — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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.

Median days to sell
31
Median sale price
$590,000
Sale-to-list ratio
97.0%
Sold above asking
7%

Based on 156 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Orillia

Orillia has 14 Fraser Institute–rated schools (11 elementary and 3 secondary), averaging 5.1/10.

Rated schools
14
Elementary
11
Secondary
3
Average rating
5.1 / 10

Top-rated schools in Orillia

  • Notre Dame — elementaryFraser rating 6.1/10
  • Marchmont — elementaryFraser rating 6.0/10
  • Harriett Todd — elementaryFraser rating 5.8/10
  • Monsignor Lee — elementaryFraser rating 5.6/10
  • St Bernard's — elementaryFraser rating 5.6/10
  • Ardtrea/Cumberland Beach — elementaryFraser rating 5.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 256 HARVEY STREET