169 Colborne Street W Orillia, Ontario L3V 2Z4

$599,000

Prime investment opportunity in Orillia. This high traffic parking lot is ideally located directly across from the emergency entrances of Soldiers' Memorial Hospital and features 13 parking spaces with strong, consistent demand. The property is equipped with a modern remote controlled entry system, on site cameras, and an automated exit gate for easy operation and management. Recently severed from 50 Dunedin St., the property can also be purchased together with the adjoining parcel. The site offers exceptional redevelopment potential, including the possibility of removing the existing home for new build opportunities or potential lot severance. HC2 zoning permits a wide range of uses, including senior housing, residential, institutional, and healthcare developments. As Orillia's waterfront continues to evolve with new condominium projects, this property represents an outstanding investment opportunity. Combined L shaped lot dimensions: parking lot approximately 43.74 ft. x 140.62 ft. depth, house portion approximately 73.32 ft. x 68.86 ft. depth. (id:39551)

Business

Business Type Service
Business Sub Type Parking Lot

Property Details

MLS® Number S13440266
Property Type Vacant Land
Community Name Orillia

Building

Land

Acreage No
Size Depth 152 Ft
Size Frontage 46 Ft
Size Irregular 0.14
Size Total 0.14 Ac
Size Total Text 0.14 Ac
Zoning Description Hc2

https://www.realtor.ca/real-estate/29898844/169-colborne-street-w-orillia-orillia

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