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. The proposed future sewage pump station on Old Barrie Road underscores the area's commitment to robust infrastructure, a pivotal advantage for substantial commercial and residential projects. **** EXTRAS **** Strategically located near community hubs including Lakehead University and Costco, this property offers unparalleled accessibility to essential amenities ideal for residential, commercial or mixed-use development. (id:31684)
4 months ago | Listing first seen online | |
4 months ago | Listing updated with changes from the MLS® |
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The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
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