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$ 4,200,000
Est. payment | /mo
99 SqFt
$ 4,200,000
Est. payment | /mo
99 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 99 sqft
Price per Sqft $42,424
Subdivision Rural Oro-Medonte
MLS Listing ID S11968611
Annual Tax Amount $4,835
Tax Year 2024
Property Sub-Type Land
Property Description
Discover an exceptional opportunity with 850 Line 15 North, Oro-Medonte. This expansive 99.79-acre property, boasting approximately 45 acres primed for development, presents unmatched potential for astute investors. The City of Orillia is currently evaluating the property for potential annexation into its settlement boundaries, with a decision anticipated within the next twelve months. This strategic move could lead to a favorable zoning change, likely incorporating residential and commercial uses, thereby significantly enhancing the property's value. Strategically located near key community hubs, including Lakehead University and Costco, this property offers unparalleled accessibility to essential amenities. Ideal for residential, commercial, or mixed-use development. The proposed future Sewage Pump Station on Old Barrie Road underscores the areas commitment to robust infrastructure, a pivotal advantage for substantial commercial and residential projects. Additionally, the property's expansive acreage supports agricultural endeavors, offering supplementary income potential through farming or horticulture.
Location
Province ON
County Simcoe
Community Rural Oro-Medonte
Area Simcoe
Exterior
Utilities Available Available
Lot Frontage 2011.0
Lot Depth 2047.0
Listed by CENTURY 21 B.J. ROTH REALTY LTD.
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