570 LACLIE STREET, Orillia

$1,775,000

For sale: Vacant Land

Vacant Land at 570 LACLIE STREET, Orillia
Property type
Land
MLS®
MLS® S13883034
Neighbourhood
Orillia

Back on Market -- Opportunity for a new vision! 570 Laclie Street is located in north Orillia at the intersection of Laclie Street, Hughes Road and Ferguson Road. The 1.287 AC triangular parcel has approximately 600' of frontage on the east side of Laclie Street. Property borders Ferguson Road at the rear of the parcel which appears to be an unassumed road / opened allowance that intersects with Hughes & Sundial Drive at the north and south boundaries. Property can be serviced as municipal water and sanitary lines / storm sewers, as well as natural gas, electricity, high speed interest and telephone, are located on all surroundings streets. This parcel is located just 750m west of the shores of Lake Couchiching and 750m south of closest Highway 11 interchange. In 2021, the City of Orillia approved a rezoning from C4(i)H2 to R5-13i(H2) to allow for a 7-storey building with 70 dwelling units. While the site has been rezoned for a 70 unit, 7 storey building, the current rendering and site plan indicates ground floor parking with five floors of residential for a total of 6 storeys. consisting of 70 residential condo units and 91 parking spaces. Unit mix: 52 One-Bedroom Suites, 8 Two-Bedroom Suites and 10 Three-Bedroom Suites, with a 1.3 parking ratio. Total GFA = 91,446SF / Total NSA = 82,271 SF - Site coverage of 23.15%. Zoning By-Law Amendment 2021-37 allows for density of 133.89 units / hectares. Current Development charges for project estimated to be $1,295,588 based on current DC for residential - but subject to review following approval of Site Plan. To be re-assessed - estimated to be $11,000 for 2026.

Sold data

Homes in Orillia — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.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

Median days to sell
36
Median sale price
$589,450
Sale-to-list ratio
96.9%
Sold above asking
3%

Based on 154 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 570 LACLIE STREET