Prime Investment Opportunity **Parking Lot & Rental Property in Orillia.** Don't miss this rare opportunity to own a **high-traffic parking lot** in Orillia, located directly across from the emergency entrances of Soldiers Memorial Hospital. Featuring **13 parking spaces** with continuous demand, this property generates excellent income and is equipped with a **modern remote-controlled entry, on-site camera and exit gate system** for easy operation. Also included is a **1,100 sq. ft. rental home**, currently leased with tenants covering utilities, featuring a **new furnace and re-shingled roof**. Sold as-is, the property offers excellent redevelopment potential, including **removing the existing home for new-build opportunities or potential lot severance**. With **HC2 zoning**, the site permits **a wide range of uses**, such as senior housing and residential developments. As Orillia's waterfront continues to transform with new condos, this location presents an outstanding investment opportunity. L Shape Lot: Parking Lot 46 ft x 152 ft depth, House 75 ft x 68 ft depth. (id:4069)
Address
50 DUNEDIN STREET
List Price
$999,000
Property Type
Business
Area
Ontario
Sub-Area
Orillia
Floor Area
11,259 Sq. Ft.
Lot Size
46.0 ; L Shape - See Comments Sq. Ft.
MLS® Number
S12088288
Listing Brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.
Postal Code
L3V5T5
Zoning
HC2
Site Influences
Highway, Public Transit
Features
Irregular lot size