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Home ON Greater Orillia Orillia
50 DUNEDIN STREET
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50 DUNEDIN STREET $999,000
$999,000
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50 DUNEDIN STREET
Orillia, Ontario L3V5T5

MLS® Number: S12088288

Listing Description

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. (40268896)

Location Description

DUNEDIN AT COLBOURNE ENTRANCE ON COLBOURNE

Property Summary

Property Type
Business
Community Name
Orillia
Land Size
46 ; L Shape - See Comments
Annual Property Taxes
$7,013.37
Time on REALTOR.ca
29 days

Building

Building Features
Features
Irregular lot size
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Highway, Public Transit

Measurements

Square Footage
11259 sqft

Land

Other Property Information
Zoning Description
HC2
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
WINHAN WONG