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43 Fittons Road W Orillia, Ontario L3V 3T7

$779,000

Welcome to 43 Fittons Road West in Orillia. This home is a wonder of yesteryear and is the original Gibson farm home. Unfortunately, time has moved on, and this home is now slated for demolition unless you have the vision and time to restore it. This property has recently received permission (Subject to conditions) to sub-divide into 4 lots containing 2 x semi detached duplex's to be built on each lot. For the investor with some vision, this represents the opportunity to build some equity or build both semis and sell one for-profit, helping to reduce the overhead cost on the remaining one. If you really have the vision, you will see that there is potential to build a garden suite behind each one of these semi-detached homes, providing even more potential for increased equity and cash flow. This type of in-fill lot with permission (Subject to some conditions) to build doesn't come along every day and may provide you with that next level-up investment project that you have been looking for. Please note that the current home on the property is in very poor condition and should only be entered with extreme caution or not at all. All utility services to this property have been disconnected. Land Value + Plans. (id:51004)

Property Details

MLS® Number 40522948
Property Type Vacant Land
Amenities Near By Schools
Features Corner Site

Building

Basement Type None
Utility Water Municipal Water

Land

Access Type Highway Access
Acreage No
Land Amenities Schools
Sewer Municipal Sewage System
Size Depth 131 Ft
Size Frontage 92 Ft
Size Irregular 0.276
Size Total 0.276 Ac|under 1/2 Acre
Size Total Text 0.276 Ac|under 1/2 Acre
Zoning Description R1

Utilities

Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/26366263/43-fittons-road-w-orillia


Keller Williams Experience Realty Brokerage
516 Bryne Drive, Unit I
Barrie, Ontario L4N 9P6

(705) 720-2200
(705) 733-2200

Royal LePage Locations North (Collingwood Unit B) Brokerage
330 First Street - Unit B
Collingwood, Ontario L9Y 1B4

(705) 445-5520
www.locationsnorth.com

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