Realestate

Property Details

1 of 12
$499,999
43 FITTONS Road, Orillia, ON L3V 3T7
4
2
1
MLS®S13661072
Property Type
Residential Freehold
Sub Type
Detached
Heating
Water
Cooling
None
Lot Size
130.76 x 91.83 Feet
Approx Age
100+
Builders, developers and investors, take a closer look at the potential of 43 Fittons Road West in Orillia. The real value here is in the property and what can be developed. Currently in the final stages of severance into 4 individual building lots, most municipal conditions have already been satisfied. Committee of Adjustment approval was secured, no plan of subdivision is required, and a registered reference plan and architectural drawings are already in place. The proposed development consists of 4 semi-detached duplexes, creating a total of 8 family-sized units. Build and sell, build and hold, or choose a combination of both. There may also be potential for garden suites, providing another opportunity to add value and generate rental income. An older home currently sits on the property and is being sold as-is. With much of the planning and groundwork already completed, this is an opportunity to move forward with an exciting infill development in Orillia. Optional support is also available to help with permitting, construction sequencing, etc.
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