$769,000 $4,128 est/mo Sourced by Back At You

43 Fittons Road W,Orillia, ON L3V 3T7

Orillia ON, L3V 3T7

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Description

Welcome to 43 Fittons Road West in Orillia. This home is a wonder of yesteryear and is the original Gibson farm home. Unfortunately, time has moved on, and this home is now slated for demolition unless you have the vision and time to restore it. This property has recently received permission (Subject to conditions) to sub-divide into 4 lots containing 2 x semi detached duplex's to be built on each lot. For the investor with some vision, this represents the opportunity to build some equity or build both semis and sell one for-profit, helping to reduce the overhead cost on the remaining one. If you really have the vision, you will see that there is potential to build a garden suite behind each one of these semi-detached homes, providing even more potential for increased equity and cash flow. This type of in-fill lot with permission (Subject to some conditions) to build doesn't come along every day and may provide you with that next level-up investment project that you have been looking for. Please note that the current home on the property is in very poor condition and should only be entered with extreme caution or not at all. All utility services to this property have been disconnected. Land Value + Plans.

Details

MLS#40571821
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site88
Listing Provided ByKeller Williams Experience Realty Brokerage | Ian Hocking

Features

ZoningR1
Acreage0.28
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 42 seconds ago
ProvinceON
CountySimcoe County
CityOrillia
Postal CodeL3V 3T7
AreaOrillia
SubareaNorth Ward
Community NameNorth Ward
Listing VS Median (in North Ward)
Price:
$769,000
low | high
Med:
$694,900
59.63589076723% of Average
On Site:
88
low | high
Med:
26.000000
100% of Average
Sourced by Back At You
Listing Updated: June 13, 2024 at 4:27:15 PM PDT